Gibbs Wealth Management Purchases 265,040 Shares of SPDR Portfolio Long Term Treasury ETF $SPTL

Gibbs Wealth Management boosted its position in SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) by 79.2% during the 1st quarter, Holdings Channel reports. The fund owned 599,839 shares of the company’s stock after buying an additional 265,040 shares during the period. SPDR Portfolio Long Term Treasury ETF makes up 2.1% of Gibbs Wealth Management’s portfolio, making the stock its 8th largest holding. Gibbs Wealth Management’s holdings in SPDR Portfolio Long Term Treasury ETF were worth $15,776,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in SPTL. AQR Capital Management LLC increased its stake in SPDR Portfolio Long Term Treasury ETF by 36.3% during the 1st quarter. AQR Capital Management LLC now owns 24,206 shares of the company’s stock valued at $660,000 after purchasing an additional 6,448 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new position in SPDR Portfolio Long Term Treasury ETF during the second quarter worth $326,000. Diversify Advisory Services LLC lifted its stake in shares of SPDR Portfolio Long Term Treasury ETF by 43.3% in the second quarter. Diversify Advisory Services LLC now owns 22,179 shares of the company’s stock valued at $582,000 after buying an additional 6,698 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 1,425.7% during the second quarter. Jane Street Group LLC now owns 141,893 shares of the company’s stock valued at $3,772,000 after buying an additional 132,593 shares during the last quarter. Finally, Strategic Wealth Investment Group LLC grew its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 15.6% during the second quarter. Strategic Wealth Investment Group LLC now owns 92,773 shares of the company’s stock valued at $2,466,000 after buying an additional 12,545 shares during the last quarter.

SPDR Portfolio Long Term Treasury ETF Price Performance

NYSEARCA:SPTL opened at $25.31 on Friday. SPDR Portfolio Long Term Treasury ETF has a one year low of $25.20 and a one year high of $27.70. The firm has a 50-day moving average of $25.88 and a 200-day moving average of $26.28.

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.