Truist Financial Corp Buys 425,624 Shares of SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL)

Truist Financial Corp boosted its stake in shares of SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) by 170.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 675,941 shares of the company’s stock after purchasing an additional 425,624 shares during the period. Truist Financial Corp’s holdings in SPDR Portfolio Long Term Treasury ETF were worth $17,703,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. BCM Advisors LLC lifted its holdings in SPDR Portfolio Long Term Treasury ETF by 0.3% during the 3rd quarter. BCM Advisors LLC now owns 172,233 shares of the company’s stock valued at $4,717,000 after buying an additional 461 shares in the last quarter. Fifth Third Securities Inc. lifted its holdings in SPDR Portfolio Long Term Treasury ETF by 2.3% during the 4th quarter. Fifth Third Securities Inc. now owns 23,265 shares of the company’s stock valued at $609,000 after buying an additional 530 shares in the last quarter. True Vision MN LLC lifted its holdings in SPDR Portfolio Long Term Treasury ETF by 3.1% during the 3rd quarter. True Vision MN LLC now owns 24,083 shares of the company’s stock valued at $700,000 after buying an additional 714 shares in the last quarter. Richardson Financial Services Inc. lifted its holdings in SPDR Portfolio Long Term Treasury ETF by 2.7% during the 3rd quarter. Richardson Financial Services Inc. now owns 36,575 shares of the company’s stock valued at $997,000 after buying an additional 963 shares in the last quarter. Finally, Lansing Street Advisors lifted its holdings in SPDR Portfolio Long Term Treasury ETF by 5.0% during the 3rd quarter. Lansing Street Advisors now owns 22,351 shares of the company’s stock valued at $650,000 after buying an additional 1,059 shares in the last quarter.

SPDR Portfolio Long Term Treasury ETF Stock Performance

NYSEARCA:SPTL opened at $26.44 on Thursday. SPDR Portfolio Long Term Treasury ETF has a one year low of $25.44 and a one year high of $29.94. The firm has a 50-day simple moving average of $26.31 and a 200-day simple moving average of $27.58.

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.