Coordinated Financial Services Inc. Invests $443,000 in SPDR Portfolio Intermediate Term Treasury ETF $SPTI

Coordinated Financial Services Inc. acquired a new position in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) during the second quarter, Holdings Channel reports. The institutional investor acquired 15,397 shares of the company’s stock, valued at approximately $443,000.

A number of other institutional investors have also made changes to their positions in the business. Venturi Wealth Management LLC bought a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF in the second quarter worth about $214,000. Belpointe Asset Management LLC grew its position in SPDR Portfolio Intermediate Term Treasury ETF by 27.1% during the second quarter. Belpointe Asset Management LLC now owns 20,959 shares of the company’s stock worth $603,000 after buying an additional 4,464 shares in the last quarter. DAVENPORT & Co LLC grew its position in SPDR Portfolio Intermediate Term Treasury ETF by 15.4% during the second quarter. DAVENPORT & Co LLC now owns 142,952 shares of the company’s stock worth $4,113,000 after buying an additional 19,064 shares in the last quarter. Woodmont Investment Counsel LLC grew its position in SPDR Portfolio Intermediate Term Treasury ETF by 7.0% during the second quarter. Woodmont Investment Counsel LLC now owns 630,079 shares of the company’s stock worth $18,127,000 after buying an additional 41,315 shares in the last quarter. Finally, Merit Financial Group LLC grew its position in SPDR Portfolio Intermediate Term Treasury ETF by 13.1% during the second quarter. Merit Financial Group LLC now owns 5,089,319 shares of the company’s stock worth $146,420,000 after buying an additional 589,919 shares in the last quarter.

SPDR Portfolio Intermediate Term Treasury ETF Price Performance

SPTI stock opened at $28.83 on Friday. SPDR Portfolio Intermediate Term Treasury ETF has a twelve month low of $27.62 and a twelve month high of $29.11. The business’s 50-day simple moving average is $28.85 and its 200 day simple moving average is $28.61.

SPDR Portfolio Intermediate Term Treasury ETF Company Profile

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.