Gradient Investments LLC Acquires New Shares in SPDR Portfolio Intermediate Term Treasury ETF $SPTI

Gradient Investments LLC bought a new stake in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) in the 3rd quarter, according to its most recent filing with the SEC. The fund bought 1,530,221 shares of the company’s stock, valued at approximately $41,744,000. Gradient Investments LLC owned 0.40% of SPDR Portfolio Intermediate Term Treasury ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Frisch Financial Group Inc. boosted its position in SPDR Portfolio Intermediate Term Treasury ETF by 236.0% during the first quarter. Frisch Financial Group Inc. now owns 879,342 shares of the company’s stock worth $25,202,000 after purchasing an additional 617,632 shares in the last quarter. Integrated Wealth Concepts LLC increased its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 108.0% in the second quarter. Integrated Wealth Concepts LLC now owns 1,054,763 shares of the company’s stock valued at $29,945,000 after buying an additional 547,584 shares in the last quarter. One Day In July LLC raised its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 10.1% during the 1st quarter. One Day In July LLC now owns 5,356,793 shares of the company’s stock worth $153,526,000 after buying an additional 491,442 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 5.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 8,273,012 shares of the company’s stock valued at $234,871,000 after buying an additional 444,980 shares in the last quarter. Finally, Fifth Third Bancorp acquired a new stake in SPDR Portfolio Intermediate Term Treasury ETF in the 1st quarter valued at $8,652,000.

SPDR Portfolio Intermediate Term Treasury ETF Stock Performance

NYSEARCA:SPTI traded up $0.04 during trading hours on Thursday, reaching $27.30. 1,802,861 shares of the company were exchanged, compared to its average volume of 2,554,297. SPDR Portfolio Intermediate Term Treasury ETF has a twelve month low of $27.13 and a twelve month high of $29.24. The stock’s 50-day moving average is $27.80 and its 200-day moving average is $28.18.

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.