Municipal Employees Retirement System of Michigan Boosts Position in SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL)

Municipal Employees Retirement System of Michigan raised its stake in SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) by 63.5% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 11,622,475 shares of the company’s stock after buying an additional 4,513,620 shares during the quarter. SPDR Portfolio Long Term Treasury ETF makes up about 4.2% of Municipal Employees Retirement System of Michigan’s investment portfolio, making the stock its 6th largest holding. Municipal Employees Retirement System of Michigan owned about 3.42% of SPDR Portfolio Long Term Treasury ETF worth $324,732,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Baystate Wealth Management LLC increased its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 1.3% during the fourth quarter. Baystate Wealth Management LLC now owns 139,991 shares of the company’s stock valued at $4,063,000 after purchasing an additional 1,770 shares during the period. Vermillion & White Wealth Management Group LLC acquired a new position in shares of SPDR Portfolio Long Term Treasury ETF during the fourth quarter valued at $2,024,000. One Day In July LLC acquired a new position in shares of SPDR Portfolio Long Term Treasury ETF during the fourth quarter valued at $7,032,000. Savvy Advisors Inc. acquired a new position in shares of SPDR Portfolio Long Term Treasury ETF during the fourth quarter valued at $653,000. Finally, Genesee Capital Advisors LLC increased its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 5.4% during the fourth quarter. Genesee Capital Advisors LLC now owns 115,942 shares of the company’s stock valued at $3,365,000 after purchasing an additional 5,987 shares during the period.

SPDR Portfolio Long Term Treasury ETF Price Performance

NYSEARCA:SPTL traded down $0.44 during mid-day trading on Friday, reaching $27.22. 4,521,401 shares of the stock were exchanged, compared to its average volume of 4,167,801. The business has a fifty day moving average price of $27.06 and a 200 day moving average price of $27.60. SPDR Portfolio Long Term Treasury ETF has a 1-year low of $24.47 and a 1-year high of $30.00.

SPDR Portfolio Long Term Treasury ETF 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.