SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Short Interest Update

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 1,129,550 shares, a drop of 32.6% from the July 30th total of 1,675,705 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 4,564,874 shares, the days-to-cover ratio is presently 0.2 days.

SPDR Portfolio Long Term Treasury ETF Stock Performance

SPTL traded down $0.18 on Tuesday, reaching $25.01. 5,247,323 shares of the company traded hands, compared to its average volume of 6,446,741. The stock’s 50 day moving average price is $25.52 and its 200-day moving average price is $26.03. SPDR Portfolio Long Term Treasury ETF has a 52-week low of $24.84 and a 52-week high of $27.70.

Institutional Investors Weigh In On SPDR Portfolio Long Term Treasury ETF

A number of institutional investors have recently modified their holdings of SPTL. State Street Corp increased its stake in shares of SPDR Portfolio Long Term Treasury ETF by 13.9% in the fourth quarter. State Street Corp now owns 73,137,670 shares of the company’s stock worth $1,935,954,000 after acquiring an additional 8,902,135 shares during the last quarter. Financial Engines Advisors L.L.C. boosted its position in SPDR Portfolio Long Term Treasury ETF by 3.9% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 54,239,978 shares of the company’s stock valued at $1,435,732,000 after purchasing an additional 2,027,723 shares during the last quarter. Municipal Employees Retirement System of Michigan grew its stake in SPDR Portfolio Long Term Treasury ETF by 21.9% in the fourth quarter. Municipal Employees Retirement System of Michigan now owns 15,397,326 shares of the company’s stock valued at $407,567,000 after purchasing an additional 2,767,751 shares in the last quarter. Bank of America Corp DE grew its stake in SPDR Portfolio Long Term Treasury ETF by 52.0% in the first quarter. Bank of America Corp DE now owns 14,599,817 shares of the company’s stock valued at $383,975,000 after purchasing an additional 4,995,927 shares in the last quarter. Finally, LPL Financial LLC increased its position in SPDR Portfolio Long Term Treasury ETF by 22.3% in the 4th quarter. LPL Financial LLC now owns 12,110,309 shares of the company’s stock worth $320,560,000 after purchasing an additional 2,205,261 shares during 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.