Portside Wealth Group LLC Buys 53,370 Shares of SPDR Portfolio Long Term Treasury ETF $SPTL

Portside Wealth Group LLC grew its stake in shares of SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) by 49.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 161,292 shares of the company’s stock after acquiring an additional 53,370 shares during the period. Portside Wealth Group LLC’s holdings in SPDR Portfolio Long Term Treasury ETF were worth $4,347,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB bought a new stake in SPDR Portfolio Long Term Treasury ETF during the 3rd quarter valued at $34,000. Blue Trust Inc. increased its stake in shares of SPDR Portfolio Long Term Treasury ETF by 1,379.0% during the second quarter. Blue Trust Inc. now owns 1,553 shares of the company’s stock valued at $41,000 after buying an additional 1,448 shares during the period. Guerra Advisors Inc bought a new stake in shares of SPDR Portfolio Long Term Treasury ETF in the third quarter valued at about $54,000. Cornerstone Planning Group LLC purchased a new stake in SPDR Portfolio Long Term Treasury ETF in the third quarter worth about $79,000. Finally, Smartleaf Asset Management LLC grew its holdings in SPDR Portfolio Long Term Treasury ETF by 85.6% during the 2nd quarter. Smartleaf Asset Management LLC now owns 3,704 shares of the company’s stock worth $97,000 after acquiring an additional 1,708 shares in the last quarter.

SPDR Portfolio Long Term Treasury ETF Price Performance

NYSEARCA SPTL opened at $26.28 on Thursday. SPDR Portfolio Long Term Treasury ETF has a one year low of $25.17 and a one year high of $28.14. The company’s 50-day simple moving average is $26.61 and its two-hundred day simple moving average is $26.73.

SPDR Portfolio Long Term Treasury ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, February 5th. Investors of record on Monday, February 2nd will be issued a dividend of $0.0927 per share. The ex-dividend date of this dividend is 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) annualized dividend and a yield of 4.2%.

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.