Targeted Financial Services LLC Takes $4.64 Million Position in SPDR Portfolio Long Term Treasury ETF $SPTL

Targeted Financial Services LLC bought a new position in shares of SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 175,147 shares of the company’s stock, valued at approximately $4,636,000. SPDR Portfolio Long Term Treasury ETF makes up about 4.0% of Targeted Financial Services LLC’s investment portfolio, making the stock its 5th biggest position.

Other hedge funds also recently modified their holdings of the company. Rice Partnership LLC bought a new stake in SPDR Portfolio Long Term Treasury ETF during the third quarter worth about $26,000. Financial Consulate Inc. increased its holdings in SPDR Portfolio Long Term Treasury ETF by 89.7% in the 4th quarter. Financial Consulate Inc. now owns 1,216 shares of the company’s stock valued at $32,000 after buying an additional 575 shares during the period. EverSource Wealth Advisors LLC raised its position in shares of SPDR Portfolio Long Term Treasury ETF by 707.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,244 shares of the company’s stock valued at $33,000 after buying an additional 1,090 shares in the last quarter. Sound Income Strategies LLC raised its position in shares of SPDR Portfolio Long Term Treasury ETF by 174.6% in the 4th quarter. Sound Income Strategies LLC now owns 1,310 shares of the company’s stock valued at $35,000 after buying an additional 833 shares in the last quarter. Finally, Howe & Rusling Inc. acquired a new position in shares of SPDR Portfolio Long Term Treasury ETF in the 4th quarter valued at approximately $37,000.

SPDR Portfolio Long Term Treasury ETF Stock Performance

NYSEARCA SPTL opened at $26.30 on Friday. The firm’s 50 day simple moving average is $26.02 and its 200 day simple moving average is $26.41. SPDR Portfolio Long Term Treasury ETF has a 1 year low of $25.20 and a 1 year high of $27.70.

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.