SPDR Portfolio Intermediate Term Treasury ETF $SPTI Shares Acquired by Merit Financial Group LLC

Merit Financial Group LLC boosted its stake in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) by 13.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,089,319 shares of the company’s stock after buying an additional 589,919 shares during the period. SPDR Portfolio Intermediate Term Treasury ETF accounts for 1.6% of Merit Financial Group LLC’s portfolio, making the stock its 12th biggest holding. Merit Financial Group LLC owned about 1.67% of SPDR Portfolio Intermediate Term Treasury ETF worth $146,420,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Simplicity Wealth LLC lifted its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 196.7% in the 2nd quarter. Simplicity Wealth LLC now owns 101,364 shares of the company’s stock worth $2,916,000 after acquiring an additional 67,202 shares during the period. Private Wealth Group LLC raised its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 2.1% during the second quarter. Private Wealth Group LLC now owns 42,156 shares of the company’s stock worth $1,213,000 after purchasing an additional 871 shares in the last quarter. Realta Investment Advisors lifted its position in SPDR Portfolio Intermediate Term Treasury ETF by 13.1% in the second quarter. Realta Investment Advisors now owns 16,045 shares of the company’s stock worth $462,000 after purchasing an additional 1,862 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in SPDR Portfolio Intermediate Term Treasury ETF by 12.7% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 320,000 shares of the company’s stock valued at $9,206,000 after purchasing an additional 36,000 shares in the last quarter. Finally, PFG Investments LLC acquired a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF during the 2nd quarter valued at $231,000.

SPDR Portfolio Intermediate Term Treasury ETF Price Performance

SPTI opened at $28.86 on Friday. The stock’s fifty day moving average is $28.83 and its 200-day moving average is $28.60. SPDR Portfolio Intermediate Term Treasury ETF has a one year low of $27.62 and a one year high of $29.11.

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.