Tennessee Valley Asset Management Partners Sells 1,116,531 Shares of SPDR Portfolio Long Term Treasury ETF $SPTL

Tennessee Valley Asset Management Partners lessened its holdings in SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) by 65.1% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 597,918 shares of the company’s stock after selling 1,116,531 shares during the period. SPDR Portfolio Long Term Treasury ETF makes up approximately 1.6% of Tennessee Valley Asset Management Partners’ portfolio, making the stock its 14th largest position. Tennessee Valley Asset Management Partners owned 0.13% of SPDR Portfolio Long Term Treasury ETF worth $14,260,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of SPTL. Parallel Advisors LLC boosted its holdings in SPDR Portfolio Long Term Treasury ETF by 1,347.3% in the third quarter. Parallel Advisors LLC now owns 2,171 shares of the company’s stock valued at $52,000 after purchasing an additional 2,021 shares during the period. Kestra Advisory Services LLC grew its stake in SPDR Portfolio Long Term Treasury ETF by 3.6% during the 3rd quarter. Kestra Advisory Services LLC now owns 181,941 shares of the company’s stock worth $4,339,000 after purchasing an additional 6,271 shares in the last quarter. Claro Advisors Inc. increased its holdings in SPDR Portfolio Long Term Treasury ETF by 180.2% during the 3rd quarter. Claro Advisors Inc. now owns 31,319 shares of the company’s stock worth $747,000 after purchasing an additional 20,142 shares during the period. Valtinson Bruner Financial Planning LLC increased its holdings in SPDR Portfolio Long Term Treasury ETF by 78.5% during the 3rd quarter. Valtinson Bruner Financial Planning LLC now owns 22,488 shares of the company’s stock worth $536,000 after purchasing an additional 9,888 shares during the period. Finally, Commonwealth Equity Services LLC purchased a new stake in SPDR Portfolio Long Term Treasury ETF during the 3rd quarter worth about $1,934,000.

SPDR Portfolio Long Term Treasury ETF Price Performance

SPTL stock traded down $0.01 during mid-day trading on Friday, reaching $25.02. The company had a trading volume of 13,701,497 shares, compared to its average volume of 7,977,600. The firm has a fifty day simple moving average of $24.56 and a 200 day simple moving average of $25.70. SPDR Portfolio Long Term Treasury ETF has a fifty-two week low of $23.46 and a fifty-two week high of $27.48.

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. In addition, the securities must be denominated in United States dollars and must be fixed rate and non convertible.