SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Sees Unusually-High Trading Volume – Time to Buy?

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) saw strong trading volume on Friday . 4,628,515 shares changed hands during mid-day trading, a decline of 3% from the previous session’s volume of 4,769,463 shares.The stock last traded at $26.5670 and had previously closed at $26.51.

SPDR Portfolio Long Term Treasury ETF Price Performance

The company has a 50-day simple moving average of $26.79 and a 200-day simple moving average of $26.67.

Institutional Trading of SPDR Portfolio Long Term Treasury ETF

Hedge funds have recently added to or reduced their stakes in the business. State Street Corp lifted its position in shares of SPDR Portfolio Long Term Treasury ETF by 9.7% during the second quarter. State Street Corp now owns 64,854,091 shares of the company’s stock worth $1,723,822,000 after purchasing an additional 5,737,583 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 4.6% in the 3rd quarter. Fisher Asset Management LLC now owns 60,589,322 shares of the company’s stock valued at $1,632,882,000 after buying an additional 2,639,099 shares during the period. Financial Engines Advisors L.L.C. lifted its stake in SPDR Portfolio Long Term Treasury ETF by 5.2% in the third quarter. Financial Engines Advisors L.L.C. now owns 52,212,255 shares of the company’s stock valued at $1,407,120,000 after buying an additional 2,595,264 shares during the last quarter. Bank of America Corp DE boosted its stake in SPDR Portfolio Long Term Treasury ETF by 0.9% during the 3rd quarter. Bank of America Corp DE now owns 9,588,361 shares of the company’s stock valued at $258,406,000 after purchasing an additional 86,547 shares during the period. Finally, Mather Group LLC. grew its holdings in SPDR Portfolio Long Term Treasury ETF by 5.1% in the 3rd quarter. Mather Group LLC. now owns 7,479,032 shares of the company’s stock worth $201,560,000 after buying an additional 364,081 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.