Redwood Investment Management LLC Grows Stock Holdings in SPDR Portfolio Long Term Treasury ETF $SPTL

Redwood Investment Management LLC grew its holdings in SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) by 11.6% during the first quarter, HoldingsChannel reports. The firm owned 371,447 shares of the company’s stock after acquiring an additional 38,470 shares during the period. SPDR Portfolio Long Term Treasury ETF comprises about 1.2% of Redwood Investment Management LLC’s investment portfolio, making the stock its 15th biggest holding. Redwood Investment Management LLC’s holdings in SPDR Portfolio Long Term Treasury ETF were worth $9,769,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Financial Consulate Inc. increased its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 89.7% in the fourth quarter. Financial Consulate Inc. now owns 1,216 shares of the company’s stock valued at $32,000 after purchasing an additional 575 shares during the last quarter. Cornerstone Planning Group LLC boosted its stake in SPDR Portfolio Long Term Treasury ETF by 3,313.9% during the first quarter. Cornerstone Planning Group LLC now owns 1,229 shares of the company’s stock worth $32,000 after buying an additional 1,193 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in SPDR Portfolio Long Term Treasury ETF by 707.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,244 shares of the company’s stock worth $33,000 after buying an additional 1,090 shares during the last quarter. Sound Income Strategies LLC grew its holdings in 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. purchased a new stake in SPDR Portfolio Long Term Treasury ETF in the 4th quarter valued at $37,000.

SPDR Portfolio Long Term Treasury ETF Price Performance

Shares of SPTL opened at $25.08 on Monday. SPDR Portfolio Long Term Treasury ETF has a 52-week low of $25.00 and a 52-week high of $27.70. The stock has a fifty day simple moving average of $25.86 and a two-hundred day simple moving average of $26.23.

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.