SPDR Portfolio Intermediate Term Treasury ETF $SPTI Position Trimmed by Hobbs Group Advisors LLC

Hobbs Group Advisors LLC cut its stake in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) by 10.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 533,141 shares of the company’s stock after selling 59,484 shares during the quarter. SPDR Portfolio Intermediate Term Treasury ETF makes up approximately 5.2% of Hobbs Group Advisors LLC’s portfolio, making the stock its 4th largest holding. Hobbs Group Advisors LLC’s holdings in SPDR Portfolio Intermediate Term Treasury ETF were worth $15,338,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SPTI. Municipal Employees Retirement System of Michigan lifted its stake in SPDR Portfolio Intermediate Term Treasury ETF by 35.7% in the 1st quarter. Municipal Employees Retirement System of Michigan now owns 35,861,653 shares of the company’s stock valued at $1,024,926,000 after buying an additional 9,437,321 shares in the last quarter. Merit Financial Group LLC lifted its stake in SPDR Portfolio Intermediate Term Treasury ETF by 13.1% in the 2nd quarter. Merit Financial Group LLC now owns 5,089,319 shares of the company’s stock valued at $146,420,000 after buying an additional 589,919 shares in the last quarter. Mather Group LLC. lifted its stake in SPDR Portfolio Intermediate Term Treasury ETF by 2.4% in the 2nd quarter. Mather Group LLC. now owns 10,349,392 shares of the company’s stock valued at $297,752,000 after buying an additional 245,597 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in SPDR Portfolio Intermediate Term Treasury ETF by 2.8% in the 1st quarter. Ameriprise Financial Inc. now owns 7,763,364 shares of the company’s stock valued at $222,029,000 after buying an additional 208,973 shares in the last quarter. Finally, Truist Financial Corp lifted its stake in SPDR Portfolio Intermediate Term Treasury ETF by 19.2% in the 2nd quarter. Truist Financial Corp now owns 932,751 shares of the company’s stock valued at $26,835,000 after buying an additional 150,417 shares in the last quarter.

SPDR Portfolio Intermediate Term Treasury ETF Stock Up 0.5%

Shares of SPDR Portfolio Intermediate Term Treasury ETF stock opened at $28.97 on Friday. SPDR Portfolio Intermediate Term Treasury ETF has a twelve month low of $27.62 and a twelve month high of $29.11. The firm’s 50-day moving average price is $28.85 and its 200 day moving average price is $28.62.

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.