HighTower Advisors LLC Has $2.88 Million Position in SPDR Portfolio Long Term Treasury ETF $SPTL

HighTower Advisors LLC trimmed its stake in SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) by 19.8% in the third quarter, HoldingsChannel reports. The firm owned 106,747 shares of the company’s stock after selling 26,362 shares during the period. HighTower Advisors LLC’s holdings in SPDR Portfolio Long Term Treasury ETF were worth $2,877,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB bought a new position in shares of SPDR Portfolio Long Term Treasury ETF during the 3rd quarter worth about $34,000. Guerra Advisors Inc bought a new stake in SPDR Portfolio Long Term Treasury ETF in the 3rd quarter valued at about $54,000. Cornerstone Planning Group LLC acquired a new position in SPDR Portfolio Long Term Treasury ETF during the 3rd quarter worth approximately $79,000. Smartleaf Asset Management LLC raised its stake in SPDR Portfolio Long Term Treasury ETF by 85.6% during the 2nd quarter. Smartleaf Asset Management LLC now owns 3,704 shares of the company’s stock worth $97,000 after buying an additional 1,708 shares during the period. Finally, TD Waterhouse Canada Inc. boosted its holdings in SPDR Portfolio Long Term Treasury ETF by 12.9% in the third quarter. TD Waterhouse Canada Inc. now owns 4,383 shares of the company’s stock worth $118,000 after acquiring an additional 502 shares in the last quarter.

SPDR Portfolio Long Term Treasury ETF Price Performance

Shares of SPDR Portfolio Long Term Treasury ETF stock opened at $27.31 on Friday. SPDR Portfolio Long Term Treasury ETF has a 52 week low of $25.17 and a 52 week high of $28.14. The stock has a 50 day moving average price of $26.68 and a two-hundred day moving average price of $26.81.

SPDR Portfolio Long Term Treasury ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.0927 per share. This is a boost from SPDR Portfolio Long Term Treasury ETF’s previous monthly dividend of $0.09. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.