Independent Financial Group LLC Invests $789,000 in SPDR Portfolio Intermediate Term Treasury ETF $SPTI

Independent Financial Group LLC acquired a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 27,517 shares of the company’s stock, valued at approximately $789,000.

Other institutional investors have also made changes to their positions in the company. Elyxium Wealth LLC acquired a new stake in SPDR Portfolio Intermediate Term Treasury ETF in the 4th quarter worth approximately $27,000. Elevated Capital Advisors LLC acquired a new position in SPDR Portfolio Intermediate Term Treasury ETF during the first quarter valued at approximately $37,000. Franklin Resources Inc. raised its position 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 valued at $37,000 after purchasing an additional 449 shares during the period. Smartleaf Asset Management LLC bought a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF in the second quarter valued at approximately $42,000. Finally, Tower Research Capital LLC TRC acquired a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the second quarter worth $49,000.

SPDR Portfolio Intermediate Term Treasury ETF Stock Performance

Shares of SPDR Portfolio Intermediate Term Treasury ETF stock opened at $28.12 on Wednesday. The firm has a fifty day simple moving average of $28.28 and a 200-day simple moving average of $28.59. SPDR Portfolio Intermediate Term Treasury ETF has a 1-year low of $28.09 and a 1-year high of $29.24.

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.