ETFs

Godsey & Gibb Inc. Acquires Shares in SPDR Portfolio Long Term Treasury ETF

Published October 21, 2024

Godsey & Gibb Inc. has taken a new position in the SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) during the third quarter, according to recent reports. The institutional investor acquired 1,598 shares of this ETF, which are valued at around $46,000. This move signifies a growing interest from institutional investors in long-term treasury bonds amidst changing market conditions.

Additional activity has been noted among other large investors in the SPDR Portfolio Long Term Treasury ETF. For instance, Narus Financial Partners LLC increased its holdings by 1.4% in the first quarter, bringing its total ownership to 38,900 shares, worth approximately $1,087,000 after adding 537 shares during that period. Similarly, 25 LLC raised its position by 0.8% in the second quarter, now owning 72,375 shares valued at $1,970,000 following the purchase of an additional 576 shares.

In the first quarter, Auour Investments LLC also increased its stake by 3.7%, owning 16,558 shares valued at around $463,000 after acquiring 584 extra shares. Meanwhile, Boltwood Capital Management raised its position by 1.1% in the third quarter, now possessing 61,246 shares valued at $1,780,000 after an additional purchase of 668 shares. Last but not least, Main Street Financial Solutions LLC increased its holdings by 5.4% in the second quarter, bringing its total to 13,035 shares valued at $355,000 after an additional 670 shares were acquired.

SPDR Portfolio Long Term Treasury ETF Stock Performance

The performance of SPTL stock opened at $27.92 recently, showing a potential for investment. Currently, the ETF has a 50-day moving average price of $28.89, while its two-hundred day moving average price stands at $27.82. The ETF has seen a 12-month low of $24.47 and a high of $29.94, indicating a stable range for investors looking into long-term bonds.

About SPDR Portfolio Long Term Treasury ETF

The SPDR Portfolio Long Term Treasury ETF aims to provide investment results that align with the price and yield performance of the Barclays Capital Long U.S. Treasury Index. This index includes all publicly issued U.S. treasury securities that have a remaining maturity of 10 years or more, are rated investment-grade, and have at least $250 million in outstanding face value.

Further Insights and Information

Investors interested in hedge funds or institutional interest in SPDR Portfolio Long Term Treasury ETF can find the latest information and updates through various financial news platforms. The movements by institutional investors may indicate broader market trends and economic expectations.

investment, ETF, treasury