Hobbs Group Advisors LLC Reduces Stake in SPDR Portfolio Intermediate Term Treasury ETF $SPTI

Hobbs Group Advisors LLC lessened its position in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) by 11.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 461,379 shares of the company’s stock after selling 57,035 shares during the period. SPDR Portfolio Intermediate Term Treasury ETF comprises 4.0% of Hobbs Group Advisors LLC’s portfolio, making the stock its 8th largest holding. Hobbs Group Advisors LLC owned about 0.14% of SPDR Portfolio Intermediate Term Treasury ETF worth $13,306,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Tripletail Wealth Management LLC bought a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF in the third quarter worth approximately $25,000. Caitlin John LLC bought a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF in the third quarter worth approximately $27,000. Franklin Resources Inc. lifted its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 54.4% in the second quarter. Franklin Resources Inc. now owns 1,275 shares of the company’s stock worth $37,000 after buying an additional 449 shares in the last quarter. Financial Consulate Inc. bought a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF in the third quarter worth approximately $38,000. Finally, Addison Advisors LLC bought a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF in the third quarter worth approximately $39,000.

SPDR Portfolio Intermediate Term Treasury ETF Trading Down 0.3%

Shares of NYSEARCA SPTI opened at $28.65 on Wednesday. The firm’s 50 day moving average price is $28.79 and its 200-day moving average price is $28.86. SPDR Portfolio Intermediate Term Treasury ETF has a 52-week low of $28.19 and a 52-week high of $29.24.

SPDR Portfolio Intermediate Term Treasury ETF 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.