RKL Wealth Management LLC Makes New Investment in SPDR Portfolio Intermediate Term Treasury ETF $SPTI

RKL Wealth Management LLC purchased a new position in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 27,161 shares of the company’s stock, valued at approximately $741,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mather Group LLC. purchased a new stake in SPDR Portfolio Intermediate Term Treasury ETF in the third quarter valued at $363,399,000. Envestnet Asset Management Inc. grew its position in SPDR Portfolio Intermediate Term Treasury ETF by 5.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 8,273,012 shares of the company’s stock worth $234,871,000 after purchasing an additional 444,980 shares during the period. One Day In July LLC raised its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 10.1% during the 1st quarter. One Day In July LLC now owns 5,356,793 shares of the company’s stock valued at $153,526,000 after buying an additional 491,442 shares during the last quarter. Assetmark Inc. raised its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 9.2% during the 1st quarter. Assetmark Inc. now owns 3,103,772 shares of the company’s stock valued at $88,954,000 after buying an additional 260,437 shares during the last quarter. Finally, Stephens Group Asset Management LLC raised its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 10.5% during the 3rd quarter. Stephens Group Asset Management LLC now owns 2,928,146 shares of the company’s stock valued at $79,880,000 after buying an additional 278,275 shares during the last quarter.

SPDR Portfolio Intermediate Term Treasury ETF Stock Performance

Shares of SPTI stock traded up $0.04 on Friday, hitting $27.50. The company had a trading volume of 3,485,009 shares, compared to its average volume of 2,596,825. The company has a 50-day moving average price of $27.69 and a 200-day moving average price of $28.13. SPDR Portfolio Intermediate Term Treasury ETF has a twelve month low of $27.13 and a twelve month 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.