Merit Financial Group LLC Raises Position in SPDR Portfolio Intermediate Term Treasury ETF $SPTI

Merit Financial Group LLC increased its holdings in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) by 7.0% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,757,906 shares of the company’s stock after buying an additional 377,331 shares during the period. SPDR Portfolio Intermediate Term Treasury ETF accounts for approximately 1.3% of Merit Financial Group LLC’s portfolio, making the stock its 15th largest holding. Merit Financial Group LLC’s holdings in SPDR Portfolio Intermediate Term Treasury ETF were worth $166,058,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Tripletail Wealth Management LLC purchased a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the third quarter worth $25,000. Caitlin John LLC purchased a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the third quarter worth $27,000. Franklin Resources Inc. raised its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 54.4% in the second quarter. Franklin Resources Inc. now owns 1,275 shares of the company’s stock worth $37,000 after buying an additional 449 shares in the last quarter. Financial Consulate Inc. purchased a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the third quarter worth $38,000. Finally, Addison Advisors LLC purchased a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the third quarter worth $39,000.

SPDR Portfolio Intermediate Term Treasury ETF Trading Down 0.0%

Shares of SPTI stock opened at $28.66 on Friday. SPDR Portfolio Intermediate Term Treasury ETF has a 52-week low of $28.19 and a 52-week high of $29.24. The business’s fifty day moving average is $28.79 and its 200 day moving average is $28.86.

SPDR Portfolio Intermediate Term Treasury ETF Profile

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.