Hobbs Group Advisors LLC Reduces Stock Holdings in SPDR Portfolio Intermediate Term Treasury ETF $SPTI

Hobbs Group Advisors LLC cut its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) by 4.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 441,260 shares of the company’s stock after selling 20,119 shares during the period. SPDR Portfolio Intermediate Term Treasury ETF makes up approximately 3.8% of Hobbs Group Advisors LLC’s holdings, making the stock its 8th biggest position. Hobbs Group Advisors LLC’s holdings in SPDR Portfolio Intermediate Term Treasury ETF were worth $12,646,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Elyxium Wealth LLC acquired a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF during the fourth quarter worth $27,000. Franklin Resources Inc. lifted 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 worth $37,000 after purchasing an additional 449 shares in the last quarter. Elevated Capital Advisors LLC acquired a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF during the 1st quarter valued at $37,000. Smartleaf Asset Management LLC acquired a new stake in SPDR Portfolio Intermediate Term Treasury ETF during the second quarter valued at $42,000. Finally, Tower Research Capital LLC TRC bought a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the 2nd quarter valued at approximately $49,000.

SPDR Portfolio Intermediate Term Treasury ETF Price Performance

SPDR Portfolio Intermediate Term Treasury ETF stock opened at $28.14 on Friday. The company’s fifty day moving average price is $28.26 and its two-hundred day moving average price is $28.55. SPDR Portfolio Intermediate Term Treasury ETF has a one year low of $28.00 and a one year high of $29.24.

About SPDR Portfolio Intermediate Term Treasury ETF

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.