GLOBALT Investments LLC GA Cuts Holdings in SPDR Portfolio Intermediate Term Treasury ETF $SPTI

GLOBALT Investments LLC GA lessened its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) by 1.7% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 5,588,581 shares of the company’s stock after selling 98,511 shares during the quarter. SPDR Portfolio Intermediate Term Treasury ETF makes up approximately 5.9% of GLOBALT Investments LLC GA’s investment portfolio, making the stock its 3rd biggest holding. GLOBALT Investments LLC GA’s holdings in SPDR Portfolio Intermediate Term Treasury ETF were worth $161,510,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Franklin Resources Inc. increased its position in SPDR Portfolio Intermediate Term Treasury ETF by 54.4% during the second quarter. Franklin Resources Inc. now owns 1,275 shares of the company’s stock valued at $37,000 after acquiring an additional 449 shares during the last quarter. Smartleaf Asset Management LLC purchased a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF during the 2nd quarter worth about $42,000. Ballast Advisors LLC bought a new position in SPDR Portfolio Intermediate Term Treasury ETF during the 2nd quarter valued at about $49,000. Tower Research Capital LLC TRC purchased a new stake in SPDR Portfolio Intermediate Term Treasury ETF in the 2nd quarter worth about $49,000. Finally, Stone House Investment Management LLC lifted its stake in SPDR Portfolio Intermediate Term Treasury ETF by 2,783.5% in the second quarter. Stone House Investment Management LLC now owns 5,248 shares of the company’s stock worth $151,000 after purchasing an additional 5,066 shares during the last quarter.

SPDR Portfolio Intermediate Term Treasury ETF Stock Performance

Shares of NYSEARCA:SPTI opened at $28.79 on Wednesday. The business has a 50 day simple moving average of $28.96 and a two-hundred day simple moving average of $28.80. SPDR Portfolio Intermediate Term Treasury ETF has a 1 year low of $27.62 and a 1 year high of $29.15.

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.