SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Hits New 1-Year Low – Here’s What Happened

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $24.58 and last traded at $24.5850, with a volume of 6040259 shares changing hands. The stock had previously closed at $24.94.

SPDR Portfolio Long Term Treasury ETF Stock Down 1.7%

The company has a 50-day simple moving average of $25.17 and a two-hundred day simple moving average of $25.78.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Cornerstone Planning Group LLC lifted its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 3,313.9% during the first quarter. Cornerstone Planning Group LLC now owns 1,229 shares of the company’s stock valued at $32,000 after purchasing an additional 1,193 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in SPDR Portfolio Long Term Treasury ETF by 707.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,244 shares of the company’s stock worth $33,000 after purchasing an additional 1,090 shares in the last quarter. Larson Financial Group LLC raised its holdings in SPDR Portfolio Long Term Treasury ETF by 3,492.9% during the 4th quarter. Larson Financial Group LLC now owns 2,012 shares of the company’s stock worth $53,000 after buying an additional 1,956 shares during the period. Geneos Wealth Management Inc. raised its holdings in SPDR Portfolio Long Term Treasury ETF by 212.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,155 shares of the company’s stock worth $57,000 after buying an additional 1,465 shares during the period. Finally, Bell Investment Advisors Inc lifted its stake in SPDR Portfolio Long Term Treasury ETF by 18.6% during the first quarter. Bell Investment Advisors Inc now owns 2,660 shares of the company’s stock valued at $70,000 after buying an additional 418 shares in the last quarter.

SPDR Portfolio Long Term Treasury ETF Company Profile

SPDR Barclays Long Term Treasury ETF (the Fund), formerly SPDR Barclays Capital Long Term Treasury ETF, seeks to provide investment results that corresponds to the price and yield performance of the Barclays Capital Long U.S. Treasury Index (the Index). The Index includes all publicly issued, United States treasury securities that have a remaining maturity of 10 or more years, are rated investment grade, and have $250 million or more of outstanding face value. In addition, the securities must be denominated in United States dollars and must be fixed rate and non convertible.