SPDR Portfolio Intermediate Term Treasury ETF $SPTI Position Lessened by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lowered its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) by 37.3% in the fourth quarter, HoldingsChannel reports. The firm owned 89,831 shares of the company’s stock after selling 53,484 shares during the quarter. PNC Financial Services Group Inc.’s holdings in SPDR Portfolio Intermediate Term Treasury ETF were worth $2,591,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in SPTI. Frisch Financial Group Inc. lifted its stake in SPDR Portfolio Intermediate Term Treasury ETF by 442.1% in the fourth quarter. Frisch Financial Group Inc. now owns 261,710 shares of the company’s stock valued at $7,548,000 after buying an additional 213,430 shares during the last quarter. HighTower Advisors LLC grew its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 5.4% during the fourth quarter. HighTower Advisors LLC now owns 1,525,809 shares of the company’s stock worth $44,004,000 after acquiring an additional 78,779 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF by 1,644.0% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 835,570 shares of the company’s stock worth $24,058,000 after acquiring an additional 787,660 shares during the period. GLOBALT Investments LLC GA increased its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF by 0.6% in the 4th quarter. GLOBALT Investments LLC GA now owns 5,621,794 shares of the company’s stock worth $162,133,000 after acquiring an additional 33,213 shares during the period. Finally, Sequent Planning LLC lifted its position in SPDR Portfolio Intermediate Term Treasury ETF by 19.2% in the 4th quarter. Sequent Planning LLC now owns 8,300 shares of the company’s stock valued at $239,000 after purchasing an additional 1,334 shares during the last quarter.

SPDR Portfolio Intermediate Term Treasury ETF Price Performance

SPDR Portfolio Intermediate Term Treasury ETF stock opened at $28.35 on Wednesday. The firm has a 50-day moving average price of $28.54 and a two-hundred day moving average price of $28.77. SPDR Portfolio Intermediate Term Treasury ETF has a 52-week low of $28.09 and a 52-week high of $29.24.

About SPDR Portfolio Intermediate Term Treasury ETF

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.