SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) Sees Large Growth in Short Interest

SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) was the recipient of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 1,310,185 shares, a growth of 43.8% from the January 29th total of 910,992 shares. Based on an average trading volume of 7,060,415 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average trading volume of 7,060,415 shares, the days-to-cover ratio is presently 0.2 days.

SPDR Portfolio Long Term Treasury ETF Stock Up 0.5%

Shares of NYSEARCA SPTL traded up $0.15 during trading hours on Friday, hitting $27.46. The company’s stock had a trading volume of 5,964,132 shares, compared to its average volume of 6,722,272. SPDR Portfolio Long Term Treasury ETF has a 12 month low of $25.17 and a 12 month high of $28.14. The business has a 50-day simple moving average of $26.70 and a 200-day simple moving average of $26.82.

SPDR Portfolio Long Term Treasury ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a $0.0927 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from SPDR Portfolio Long Term Treasury ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a yield of 4.1%.

Institutional Investors Weigh In On SPDR Portfolio Long Term Treasury ETF

Several institutional investors and hedge funds have recently modified their holdings of SPTL. State Street Corp grew its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 13.9% during the 4th quarter. State Street Corp now owns 73,137,670 shares of the company’s stock worth $1,935,954,000 after acquiring an additional 8,902,135 shares during the period. Fisher Asset Management LLC boosted its position in shares of SPDR Portfolio Long Term Treasury ETF by 4.6% during the third quarter. Fisher Asset Management LLC now owns 60,589,322 shares of the company’s stock valued at $1,632,882,000 after purchasing an additional 2,639,099 shares in the last quarter. Financial Engines Advisors L.L.C. grew its stake in SPDR Portfolio Long Term Treasury ETF by 3.9% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 54,239,978 shares of the company’s stock worth $1,435,732,000 after purchasing an additional 2,027,723 shares during the period. Municipal Employees Retirement System of Michigan grew its stake in SPDR Portfolio Long Term Treasury ETF by 21.9% in the fourth quarter. Municipal Employees Retirement System of Michigan now owns 15,397,326 shares of the company’s stock worth $407,567,000 after purchasing an additional 2,767,751 shares during the period. Finally, LPL Financial LLC raised its holdings in SPDR Portfolio Long Term Treasury ETF by 22.3% in the fourth quarter. LPL Financial LLC now owns 12,110,309 shares of the company’s stock worth $320,560,000 after purchasing an additional 2,205,261 shares in 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. In addition, the securities must be denominated in United States dollars and must be fixed rate and non convertible.