Spinnaker Trust Takes $43.25 Million Position in SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL)

Spinnaker Trust acquired a new stake in shares of SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,490,496 shares of the company’s stock, valued at approximately $43,254,000. SPDR Portfolio Long Term Treasury ETF accounts for about 2.9% of Spinnaker Trust’s investment portfolio, making the stock its 7th biggest holding.

A number of other institutional investors have also recently made changes to their positions in SPTL. VisionPoint Advisory Group LLC raised its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 97.6% during the third quarter. VisionPoint Advisory Group LLC now owns 1,057 shares of the company’s stock valued at $28,000 after acquiring an additional 522 shares in the last quarter. Key Financial Inc raised its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 1,456.3% during the fourth quarter. Key Financial Inc now owns 1,245 shares of the company’s stock valued at $36,000 after acquiring an additional 1,165 shares in the last quarter. CENTRAL TRUST Co bought a new position in shares of SPDR Portfolio Long Term Treasury ETF during the third quarter valued at approximately $38,000. Parkside Financial Bank & Trust bought a new position in shares of SPDR Portfolio Long Term Treasury ETF during the fourth quarter valued at approximately $40,000. Finally, ORG Partners LLC raised its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 117.9% during the fourth quarter. ORG Partners LLC now owns 1,447 shares of the company’s stock valued at $42,000 after acquiring an additional 783 shares in the last quarter.

SPDR Portfolio Long Term Treasury ETF Price Performance

Shares of SPDR Portfolio Long Term Treasury ETF stock traded up $0.13 during midday trading on Friday, reaching $26.19. 3,213,215 shares of the company’s stock traded hands, compared to its average volume of 4,397,267. The stock has a 50 day moving average of $27.30 and a 200-day moving average of $27.28. SPDR Portfolio Long Term Treasury ETF has a 12 month low of $24.47 and a 12 month high of $31.02.

SPDR Portfolio Long Term Treasury ETF 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.