SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Sets New 12-Month High – Here’s What Happened

Shares of SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) reached a new 52-week high during trading on Wednesday . The company traded as high as $29.15 and last traded at $29.12, with a volume of 1008452 shares trading hands. The stock had previously closed at $29.09.

SPDR Portfolio Intermediate Term Treasury ETF Price Performance

The business’s 50-day moving average price is $28.90 and its 200 day moving average price is $28.64.

Institutional Investors Weigh In On SPDR Portfolio Intermediate Term Treasury ETF

Several hedge funds have recently bought and sold shares of the stock. Municipal Employees Retirement System of Michigan lifted its position in SPDR Portfolio Intermediate Term Treasury ETF by 35.7% during the first quarter. Municipal Employees Retirement System of Michigan now owns 35,861,653 shares of the company’s stock valued at $1,024,926,000 after purchasing an additional 9,437,321 shares during the last quarter. Bank of America Corp DE lifted its position in SPDR Portfolio Intermediate Term Treasury ETF by 164.5% during the second quarter. Bank of America Corp DE now owns 18,216,837 shares of the company’s stock valued at $524,098,000 after purchasing an additional 11,328,620 shares during the last quarter. Mather Group LLC. lifted its position in SPDR Portfolio Intermediate Term Treasury ETF by 3.7% during the third quarter. Mather Group LLC. now owns 10,729,157 shares of the company’s stock valued at $310,073,000 after purchasing an additional 379,765 shares during the last quarter. Ameriprise Financial Inc. lifted its position in SPDR Portfolio Intermediate Term Treasury ETF by 10.1% during the second quarter. Ameriprise Financial Inc. now owns 8,544,393 shares of the company’s stock valued at $245,801,000 after purchasing an additional 781,029 shares during the last quarter. Finally, State Street Corp lifted its position in SPDR Portfolio Intermediate Term Treasury ETF by 72.9% during the second quarter. State Street Corp now owns 5,724,495 shares of the company’s stock valued at $164,694,000 after purchasing an additional 2,412,823 shares during the last quarter.

SPDR Portfolio Intermediate Term Treasury ETF Company Profile

The SPDR Portfolio Intermediate Term Treasury ETF (SPTI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of US Treasurys with remaining maturities between 3-10 years. SPTI was launched on May 23, 2007 and is managed by State Street.