Manhattan West Asset Management LLC Has $12.32 Million Holdings in SPDR Portfolio Long Term Treasury ETF $SPTL

Manhattan West Asset Management LLC raised its stake in SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) by 10.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 457,071 shares of the company’s stock after buying an additional 42,645 shares during the period. SPDR Portfolio Long Term Treasury ETF accounts for 2.6% of Manhattan West Asset Management LLC’s holdings, making the stock its 10th largest holding. Manhattan West Asset Management LLC’s holdings in SPDR Portfolio Long Term Treasury ETF were worth $12,318,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Rice Partnership LLC bought a new position in shares of SPDR Portfolio Long Term Treasury ETF in the 3rd quarter valued at $26,000. MassMutual Private Wealth & Trust FSB bought a new stake in SPDR Portfolio Long Term Treasury ETF during the 3rd quarter worth $34,000. Imprint Wealth LLC acquired a new position in SPDR Portfolio Long Term Treasury ETF in the 3rd quarter worth about $45,000. Guerra Advisors Inc acquired a new position in SPDR Portfolio Long Term Treasury ETF in the 3rd quarter worth about $54,000. Finally, Cornerstone Planning Group LLC bought a new position in SPDR Portfolio Long Term Treasury ETF in the third quarter valued at about $79,000.

SPDR Portfolio Long Term Treasury ETF Trading Up 0.3%

SPDR Portfolio Long Term Treasury ETF stock opened at $26.53 on Wednesday. The stock has a 50-day moving average price of $26.75 and a two-hundred day moving average price of $26.86. SPDR Portfolio Long Term Treasury ETF has a 12 month low of $25.17 and a 12 month high of $28.14.

SPDR Portfolio Long Term Treasury ETF Cuts Dividend

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

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.