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

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL)’s stock price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $25.18 and last traded at $25.19, with a volume of 1760773 shares. The stock had previously closed at $25.26.

SPDR Portfolio Long Term Treasury ETF Stock Performance

The stock has a 50-day simple moving average of $25.88 and a two-hundred day simple moving average of $26.25.

Institutional Investors Weigh In On SPDR Portfolio Long Term Treasury ETF

Several large investors have recently modified their holdings of the business. State Street Corp increased its holdings in SPDR Portfolio Long Term Treasury ETF by 13.9% during the fourth quarter. State Street Corp now owns 73,137,670 shares of the company’s stock valued at $1,935,954,000 after buying an additional 8,902,135 shares during the period. Bank of America Corp DE lifted its holdings in SPDR Portfolio Long Term Treasury ETF by 52.0% during the first quarter. Bank of America Corp DE now owns 14,599,817 shares of the company’s stock worth $383,975,000 after buying an additional 4,995,927 shares during the period. Municipal Employees Retirement System of Michigan boosted its position in SPDR Portfolio Long Term Treasury ETF by 21.9% during the 4th quarter. Municipal Employees Retirement System of Michigan now owns 15,397,326 shares of the company’s stock valued at $407,567,000 after acquiring an additional 2,767,751 shares in the last quarter. Financial Engines Advisors L.L.C. lifted its stake in shares of SPDR Portfolio Long Term Treasury ETF by 5.2% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 52,212,255 shares of the company’s stock worth $1,407,120,000 after purchasing an additional 2,595,264 shares during the last quarter. Finally, LPL Financial LLC boosted its position in SPDR Portfolio Long Term Treasury ETF by 22.3% during the fourth quarter. LPL Financial LLC now owns 12,110,309 shares of the company’s stock valued at $320,560,000 after purchasing an additional 2,205,261 shares in the last quarter.

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. In addition, the securities must be denominated in United States dollars and must be fixed rate and non convertible.