Truist Financial Corp Sells 1,577,389 Shares of SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL)

Truist Financial Corp lowered its holdings in shares of SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) by 84.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 295,477 shares of the company’s stock after selling 1,577,389 shares during the period. Truist Financial Corp owned about 0.12% of SPDR Portfolio Long Term Treasury ETF worth $8,575,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Financial Engines Advisors L.L.C. boosted its stake in shares of SPDR Portfolio Long Term Treasury ETF by 8.3% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 33,675,272 shares of the company’s stock valued at $880,608,000 after purchasing an additional 2,574,090 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 36.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,901,345 shares of the company’s stock worth $154,320,000 after acquiring an additional 1,562,298 shares in the last quarter. UBS Group AG increased its holdings in SPDR Portfolio Long Term Treasury ETF by 33.9% during the 3rd quarter. UBS Group AG now owns 2,599,156 shares of the company’s stock valued at $67,968,000 after purchasing an additional 658,583 shares in the last quarter. Stifel Financial Corp raised its position in SPDR Portfolio Long Term Treasury ETF by 21.0% in the 3rd quarter. Stifel Financial Corp now owns 2,116,664 shares of the company’s stock valued at $55,351,000 after purchasing an additional 367,028 shares during the last quarter. Finally, Townsquare Capital LLC boosted its stake in SPDR Portfolio Long Term Treasury ETF by 5.6% in the third quarter. Townsquare Capital LLC now owns 2,064,215 shares of the company’s stock worth $53,979,000 after purchasing an additional 109,282 shares in the last quarter.

SPDR Portfolio Long Term Treasury ETF Stock Performance

Shares of SPTL stock opened at $26.65 on Friday. The stock’s fifty day moving average is $27.20 and its 200-day moving average is $27.31. SPDR Portfolio Long Term Treasury ETF has a 52 week low of $24.47 and a 52 week high of $31.00.

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.