SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Reaches New 1-Year Low – Should You Sell?

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL)’s stock price reached a new 52-week low during mid-day trading on Monday. The company traded as low as $23.55 and last traded at $23.5850, with a volume of 8948854 shares. The stock had previously closed at $23.75.

SPDR Portfolio Long Term Treasury ETF Trading Up 0.3%

The company has a fifty day moving average price of $24.86 and a 200-day moving average price of $25.60.

Institutional Investors Weigh In On SPDR Portfolio Long Term Treasury ETF

A number of hedge funds have recently bought and sold shares of SPTL. Baker Tilly Wealth Management LLC lifted its position in SPDR Portfolio Long Term Treasury ETF by 14.8% during the third quarter. Baker Tilly Wealth Management LLC now owns 10,579 shares of the company’s stock valued at $252,000 after purchasing an additional 1,364 shares during the last quarter. Boltwood Capital Management bought a new stake in shares of SPDR Portfolio Long Term Treasury ETF in the 3rd quarter worth about $1,998,000. Stonebridge Financial Group LLC raised its position in shares of SPDR Portfolio Long Term Treasury ETF by 21.9% during the 3rd quarter. Stonebridge Financial Group LLC now owns 13,129 shares of the company’s stock valued at $313,000 after buying an additional 2,362 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its position in shares of SPDR Portfolio Long Term Treasury ETF by 8.7% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,870,472 shares of the company’s stock valued at $49,058,000 after buying an additional 149,337 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 8.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 11,877,341 shares of the company’s stock valued at $311,543,000 after acquiring an additional 935,837 shares during the last quarter.

SPDR Portfolio Long Term Treasury ETF Company 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. In addition, the securities must be denominated in United States dollars and must be fixed rate and non convertible.