Parallel Advisors LLC Lowers Stake in SPDR Portfolio Long Term Treasury ETF (SPTL)

Parallel Advisors LLC decreased its stake in shares of SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) by 15.0% in the 2nd quarter, HoldingsChannel reports. The fund owned 70,397 shares of the company’s stock after selling 12,448 shares during the quarter. Parallel Advisors LLC’s holdings in SPDR Portfolio Long Term Treasury ETF were worth $2,466,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Diligent Investors LLC increased its position in shares of SPDR Portfolio Long Term Treasury ETF by 5.3% during the second quarter. Diligent Investors LLC now owns 98,176 shares of the company’s stock worth $3,439,000 after acquiring an additional 4,931 shares in the last quarter. Landmark Financial Advisors LLC bought a new stake in shares of SPDR Portfolio Long Term Treasury ETF during the first quarter worth $4,227,000. Founders Financial Securities LLC bought a new stake in shares of SPDR Portfolio Long Term Treasury ETF during the second quarter worth $1,961,000. Beacon Capital Management Inc. bought a new stake in shares of SPDR Portfolio Long Term Treasury ETF during the second quarter worth $247,000. Finally, UBS Group AG bought a new stake in shares of SPDR Portfolio Long Term Treasury ETF during the first quarter worth $1,927,000.

Shares of SPTL stock traded down $0.12 during trading hours on Monday, hitting $34.29. 3,609 shares of the company were exchanged, compared to its average volume of 274,104. SPDR Portfolio Long Term Treasury ETF has a 52 week low of $33.45 and a 52 week high of $37.32.



The firm also recently announced a monthly dividend, which was paid on Monday, July 9th. Investors of record on Tuesday, July 3rd were given a $0.0787 dividend. The ex-dividend date was Monday, July 2nd. This represents a $0.94 dividend on an annualized basis and a yield of 2.75%. This is an increase from SPDR Portfolio Long Term Treasury ETF’s previous monthly dividend of $0.08.

SPDR Portfolio Long Term Treasury ETF Company 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.

Recommended Story: Investing in Dividend Stocks

Want to see what other hedge funds are holding SPTL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL).

Institutional Ownership by Quarter for SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL)

Receive News & Ratings for SPDR Portfolio Long Term Treasury ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Long Term Treasury ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply