Destination Wealth Management Buys 38,330 Shares of SPDR Portfolio Long Term Treasury ETF $SPTL

Destination Wealth Management grew its stake in shares of SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) by 1.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,133,147 shares of the company’s stock after buying an additional 38,330 shares during the period. SPDR Portfolio Long Term Treasury ETF makes up 1.5% of Destination Wealth Management’s portfolio, making the stock its 26th biggest position. Destination Wealth Management’s holdings in SPDR Portfolio Long Term Treasury ETF were worth $56,464,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPTL. Rice Partnership LLC bought a new position in SPDR Portfolio Long Term Treasury ETF during the third quarter worth about $26,000. Financial Consulate Inc. boosted its holdings in SPDR Portfolio Long Term Treasury ETF by 89.7% during the fourth quarter. Financial Consulate Inc. now owns 1,216 shares of the company’s stock worth $32,000 after buying an additional 575 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in SPDR Portfolio Long Term Treasury ETF by 707.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,244 shares of the company’s stock worth $33,000 after buying an additional 1,090 shares during the last quarter. Sound Income Strategies LLC boosted its holdings in SPDR Portfolio Long Term Treasury ETF by 174.6% during the fourth quarter. Sound Income Strategies LLC now owns 1,310 shares of the company’s stock worth $35,000 after buying an additional 833 shares during the last quarter. Finally, Imprint Wealth LLC bought a new position in SPDR Portfolio Long Term Treasury ETF during the third quarter worth about $45,000.

SPDR Portfolio Long Term Treasury ETF Stock Performance

Shares of SPTL opened at $26.02 on Friday. SPDR Portfolio Long Term Treasury ETF has a 1 year low of $25.20 and a 1 year high of $27.70. The stock’s 50-day moving average price is $26.03 and its two-hundred day moving average price is $26.44.

SPDR Portfolio Long Term Treasury ETF Company Profile

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.