SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Sees Strong Trading Volume – Here’s What Happened

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) shares saw unusually-strong trading volume on Tuesday . Approximately 3,506,220 shares changed hands during trading, a decline of 4% from the previous session’s volume of 3,665,729 shares.The stock last traded at $26.30 and had previously closed at $26.38.

SPDR Portfolio Long Term Treasury ETF Price Performance

The firm’s 50 day moving average price is $26.56 and its 200-day moving average price is $27.66.

Hedge Funds Weigh In On SPDR Portfolio Long Term Treasury ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Fisher Asset Management LLC increased its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 6.8% in the fourth quarter. Fisher Asset Management LLC now owns 51,159,641 shares of the company’s stock worth $1,339,871,000 after acquiring an additional 3,266,431 shares in the last quarter. LPL Financial LLC grew its position in shares of SPDR Portfolio Long Term Treasury ETF by 12.7% in the 3rd quarter. LPL Financial LLC now owns 11,011,941 shares of the company’s stock valued at $320,117,000 after purchasing an additional 1,239,586 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its stake in SPDR Portfolio Long Term Treasury ETF by 21.5% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,906,434 shares of the company’s stock worth $153,868,000 after purchasing an additional 1,047,090 shares in the last quarter. Mather Group LLC. raised its holdings in SPDR Portfolio Long Term Treasury ETF by 38.1% during the 4th quarter. Mather Group LLC. now owns 5,717,642 shares of the company’s stock worth $149,745,000 after buying an additional 1,577,519 shares during the period. Finally, Assetmark Inc. lifted its stake in SPDR Portfolio Long Term Treasury ETF by 23.4% in the fourth quarter. Assetmark Inc. now owns 4,028,196 shares of the company’s stock valued at $105,498,000 after buying an additional 764,790 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.