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

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) shares saw unusually-strong trading volume on Thursday . Approximately 9,966,227 shares traded hands during mid-day trading, an increase of 364% from the previous session’s volume of 2,147,038 shares.The stock last traded at $28.07 and had previously closed at $28.11.

SPDR Portfolio Intermediate Term Treasury ETF Price Performance

The firm’s 50-day moving average is $27.98 and its 200 day moving average is $28.41.

Institutional Trading of SPDR Portfolio Intermediate Term Treasury ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Boyd Watterson Asset Management LLC OH increased its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 2.9% during the third quarter. Boyd Watterson Asset Management LLC OH now owns 28,501 shares of the company’s stock worth $828,000 after acquiring an additional 798 shares during the period. ORG Wealth Partners LLC acquired a new position in SPDR Portfolio Intermediate Term Treasury ETF during the 3rd quarter worth approximately $25,000. Fisher Asset Management LLC raised its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 2.9% during the 3rd quarter. Fisher Asset Management LLC now owns 35,663 shares of the company’s stock worth $1,036,000 after buying an additional 1,014 shares in the last quarter. Centennial Bank AR acquired a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the 3rd quarter valued at approximately $39,000. Finally, Private Trust Co. NA boosted its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 1.6% in the fourth quarter. Private Trust Co. NA now owns 89,142 shares of the company’s stock valued at $2,485,000 after buying an additional 1,383 shares in the last quarter.

SPDR Portfolio Intermediate Term Treasury ETF Company Profile

The SPDR Portfolio Intermediate Term Treasury ETF (SPTI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of US Treasurys with remaining maturities between 3-10 years. SPTI was launched on May 23, 2007 and is managed by State Street.