PFG Advisors Sells 240,800 Shares of SPDR Portfolio Long Term Treasury ETF $SPTL

PFG Advisors lowered its holdings in shares of SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) by 57.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 176,737 shares of the company’s stock after selling 240,800 shares during the period. PFG Advisors’ holdings in SPDR Portfolio Long Term Treasury ETF were worth $4,763,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. State Street Corp grew its position in shares of SPDR Portfolio Long Term Treasury ETF by 9.7% during the 2nd quarter. State Street Corp now owns 64,854,091 shares of the company’s stock worth $1,723,822,000 after buying an additional 5,737,583 shares during the period. Fisher Asset Management LLC lifted its position in shares of SPDR Portfolio Long Term Treasury ETF by 4.6% during the 3rd quarter. Fisher Asset Management LLC now owns 60,589,322 shares of the company’s stock valued at $1,632,882,000 after acquiring an additional 2,639,099 shares during the period. Mather Group LLC. boosted its stake in SPDR Portfolio Long Term Treasury ETF by 5.1% during the third quarter. Mather Group LLC. now owns 7,479,032 shares of the company’s stock worth $201,560,000 after acquiring an additional 364,081 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in SPDR Portfolio Long Term Treasury ETF by 9.1% during the third quarter. JPMorgan Chase & Co. now owns 6,639,607 shares of the company’s stock worth $178,937,000 after acquiring an additional 555,771 shares in the last quarter. Finally, Assetmark Inc. grew its holdings in SPDR Portfolio Long Term Treasury ETF by 0.7% in the third quarter. Assetmark Inc. now owns 4,807,100 shares of the company’s stock worth $129,551,000 after purchasing an additional 32,556 shares during the period.

SPDR Portfolio Long Term Treasury ETF Stock Up 0.7%

SPTL opened at $26.99 on Tuesday. SPDR Portfolio Long Term Treasury ETF has a 1-year low of $25.17 and a 1-year high of $28.14. The company has a fifty day moving average price of $26.75 and a two-hundred day moving average price of $26.85.

SPDR Portfolio Long Term Treasury ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a dividend of $0.0839 per share. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Monday, March 2nd.

SPDR Portfolio Long Term Treasury ETF Profile

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.