Cornerstone Wealth Management LLC Boosts Holdings in SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL)

Cornerstone Wealth Management LLC grew its holdings in SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) by 34.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 52,122 shares of the company’s stock after purchasing an additional 13,395 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in SPDR Portfolio Long Term Treasury ETF were worth $1,421,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Flagship Wealth Advisors LLC purchased a new position in shares of SPDR Portfolio Long Term Treasury ETF in the fourth quarter valued at approximately $27,000. IMG Wealth Management Inc. purchased a new position in shares of SPDR Portfolio Long Term Treasury ETF in the fourth quarter valued at approximately $36,000. Global Financial Private Client LLC boosted its stake in shares of SPDR Portfolio Long Term Treasury ETF by 114.4% in the first quarter. Global Financial Private Client LLC now owns 1,578 shares of the company’s stock valued at $43,000 after purchasing an additional 842 shares during the period. Minot DeBlois Advisors LLC purchased a new position in shares of SPDR Portfolio Long Term Treasury ETF in the fourth quarter valued at approximately $53,000. Finally, Ameriflex Group Inc. purchased a new position in SPDR Portfolio Long Term Treasury ETF in the fourth quarter worth approximately $65,000.

SPDR Portfolio Long Term Treasury ETF Trading Up 0.1%

Shares of SPDR Portfolio Long Term Treasury ETF stock opened at $26.11 on Thursday. SPDR Portfolio Long Term Treasury ETF has a 52-week low of $25.17 and a 52-week high of $29.95. The company has a 50 day moving average of $26.09 and a 200 day moving average of $26.52.

About SPDR Portfolio Long Term Treasury ETF

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.