SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Sets New 52-Week Low – What’s Next?

Shares of SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) hit a new 52-week low on Monday . The company traded as low as $25.55 and last traded at $25.56, with a volume of 413744 shares trading hands. The stock had previously closed at $25.63.

SPDR Portfolio Long Term Treasury ETF Trading Down 0.2 %

The firm’s 50 day simple moving average is $26.90 and its 200-day simple moving average is $27.82.

Institutional Investors Weigh In On SPDR Portfolio Long Term Treasury ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. BCM Advisors LLC boosted its position in shares of SPDR Portfolio Long Term Treasury ETF by 0.3% during the 3rd quarter. BCM Advisors LLC now owns 172,233 shares of the company’s stock valued at $4,717,000 after acquiring an additional 461 shares during the last quarter. Boltwood Capital Management lifted its holdings in SPDR Portfolio Long Term Treasury ETF by 1.1% in the third quarter. Boltwood Capital Management now owns 61,246 shares of the company’s stock valued at $1,780,000 after acquiring an additional 668 shares during the last quarter. SeaCrest Wealth Management LLC increased its stake in SPDR Portfolio Long Term Treasury ETF by 3.5% during the third quarter. SeaCrest Wealth Management LLC now owns 20,501 shares of the company’s stock worth $596,000 after acquiring an additional 685 shares during the last quarter. True Vision MN LLC grew its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 3.1% during the 3rd quarter. True Vision MN LLC now owns 24,083 shares of the company’s stock worth $700,000 after purchasing an additional 714 shares during the period. Finally, Toronto Dominion Bank increased its position in shares of SPDR Portfolio Long Term Treasury ETF by 48.7% during the 2nd quarter. Toronto Dominion Bank now owns 2,491 shares of the company’s stock worth $68,000 after purchasing an additional 816 shares during the last quarter.

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.