Mach 1 Financial Group LLC Invests $550,000 in SPDR Portfolio Intermediate Term Treasury ETF $SPTI

Mach 1 Financial Group LLC acquired a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 19,068 shares of the company’s stock, valued at approximately $550,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Caitlin John LLC acquired a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF during the 3rd quarter worth $27,000. Elyxium Wealth LLC acquired a new stake in SPDR Portfolio Intermediate Term Treasury ETF during the 4th quarter worth approximately $27,000. Franklin Resources Inc. increased its position in SPDR Portfolio Intermediate Term Treasury ETF by 54.4% during the 2nd quarter. Franklin Resources Inc. now owns 1,275 shares of the company’s stock worth $37,000 after purchasing an additional 449 shares in the last quarter. Addison Advisors LLC acquired a new stake in SPDR Portfolio Intermediate Term Treasury ETF during the 3rd quarter worth approximately $39,000. Finally, Smartleaf Asset Management LLC acquired a new stake in SPDR Portfolio Intermediate Term Treasury ETF during the 2nd quarter worth approximately $42,000.

SPDR Portfolio Intermediate Term Treasury ETF Price Performance

SPTI opened at $28.27 on Friday. The firm has a 50 day moving average price of $28.56 and a 200 day moving average price of $28.78. SPDR Portfolio Intermediate Term Treasury ETF has a 1 year low of $28.09 and a 1 year high of $29.24.

SPDR Portfolio Intermediate Term Treasury ETF Company Profile

The SPDR Portfolio Intermediate Term Treasury ETF (SPTI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of US Treasurys with remaining maturities between 3-10 years. SPTI was launched on May 23, 2007 and is managed by State Street.