Destination Wealth Management Buys 34,009 Shares of SPDR Portfolio Long Term Treasury ETF $SPTL

Destination Wealth Management lifted its stake in shares of SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) by 1.7% during the third quarter, Holdings Channel reports. The fund owned 2,094,817 shares of the company’s stock after buying an additional 34,009 shares during the quarter. SPDR Portfolio Long Term Treasury ETF comprises 1.6% of Destination Wealth Management’s investment portfolio, making the stock its 23rd largest position. Destination Wealth Management’s holdings in SPDR Portfolio Long Term Treasury ETF were worth $56,455,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of SPTL. State Street Corp grew its holdings in SPDR Portfolio Long Term Treasury ETF by 9.7% in the second quarter. State Street Corp now owns 64,854,091 shares of the company’s stock worth $1,723,822,000 after purchasing an additional 5,737,583 shares during the period. Fisher Asset Management LLC raised its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 5.9% during the second quarter. Fisher Asset Management LLC now owns 57,950,223 shares of the company’s stock valued at $1,540,317,000 after purchasing an additional 3,231,049 shares during the period. Thrivent Financial for Lutherans raised its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 5,442.8% during the third quarter. Thrivent Financial for Lutherans now owns 1,824,870 shares of the company’s stock valued at $49,180,000 after purchasing an additional 1,791,947 shares during the period. Farther Finance Advisors LLC boosted its position in shares of SPDR Portfolio Long Term Treasury ETF by 231.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,613,938 shares of the company’s stock worth $43,496,000 after purchasing an additional 1,127,130 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of SPDR Portfolio Long Term Treasury ETF by 20.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 6,083,836 shares of the company’s stock worth $161,708,000 after purchasing an additional 1,012,948 shares in the last quarter.

SPDR Portfolio Long Term Treasury ETF Stock Performance

Shares of SPTL opened at $26.24 on Monday. SPDR Portfolio Long Term Treasury ETF has a one year low of $25.17 and a one year high of $28.14. The stock has a 50-day moving average of $26.75 and a 200-day moving average of $26.86.

SPDR Portfolio Long Term Treasury ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a $0.0839 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.8%.

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.