SPDR Portfolio Long Term Treasury ETF $SPTL Shares Sold by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC lessened its stake in SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) by 69.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 21,397 shares of the company’s stock after selling 48,313 shares during the period. Foundations Investment Advisors LLC’s holdings in SPDR Portfolio Long Term Treasury ETF were worth $577,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Genesee Capital Advisors LLC raised its position in SPDR Portfolio Long Term Treasury ETF by 0.4% in the 2nd quarter. Genesee Capital Advisors LLC now owns 111,789 shares of the company’s stock valued at $2,971,000 after purchasing an additional 465 shares during the last quarter. TD Waterhouse Canada Inc. boosted its position in shares of SPDR Portfolio Long Term Treasury ETF by 12.9% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 4,383 shares of the company’s stock worth $118,000 after purchasing an additional 502 shares in the last quarter. Walkner Condon Financial Advisors LLC grew its stake in shares of SPDR Portfolio Long Term Treasury ETF by 2.5% during the 3rd quarter. Walkner Condon Financial Advisors LLC now owns 21,731 shares of the company’s stock worth $586,000 after purchasing an additional 539 shares during the period. Fermata Advisors LLC increased its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 4.2% in the 3rd quarter. Fermata Advisors LLC now owns 17,105 shares of the company’s stock valued at $461,000 after purchasing an additional 691 shares in the last quarter. Finally, TFB Advisors LLC increased its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 8.2% in the 2nd quarter. TFB Advisors LLC now owns 9,310 shares of the company’s stock valued at $247,000 after purchasing an additional 708 shares in the last quarter.

SPDR Portfolio Long Term Treasury ETF Price Performance

SPTL stock opened at $26.27 on Tuesday. The company’s 50-day moving average price is $26.64 and its 200 day moving average price is $26.73. SPDR Portfolio Long Term Treasury ETF has a 52 week low of $25.17 and a 52 week high of $28.14.

SPDR Portfolio Long Term Treasury ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd will be paid a dividend of $0.0927 per share. This is a positive change from SPDR Portfolio Long Term Treasury ETF’s previous monthly dividend of $0.09. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) annualized dividend and a dividend 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.