JPMorgan Chase & Co. Acquires 555,771 Shares of SPDR Portfolio Long Term Treasury ETF $SPTL

JPMorgan Chase & Co. lifted its holdings in shares of SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) by 9.1% in the third quarter, HoldingsChannel reports. The institutional investor owned 6,639,607 shares of the company’s stock after buying an additional 555,771 shares during the period. JPMorgan Chase & Co.’s holdings in SPDR Portfolio Long Term Treasury ETF were worth $178,937,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of SPDR Portfolio Long Term Treasury ETF in the third quarter valued at about $34,000. Guerra Advisors Inc bought a new position in SPDR Portfolio Long Term Treasury ETF in the third quarter valued at approximately $54,000. Cornerstone Planning Group LLC acquired a new position in shares of SPDR Portfolio Long Term Treasury ETF during the 3rd quarter worth approximately $79,000. Smartleaf Asset Management LLC raised its stake in shares of SPDR Portfolio Long Term Treasury ETF by 85.6% during the 2nd quarter. Smartleaf Asset Management LLC now owns 3,704 shares of the company’s stock worth $97,000 after purchasing an additional 1,708 shares in the last quarter. Finally, TD Waterhouse Canada Inc. raised its position in SPDR Portfolio Long Term Treasury ETF by 12.9% during the third quarter. TD Waterhouse Canada Inc. now owns 4,383 shares of the company’s stock worth $118,000 after acquiring an additional 502 shares in the last quarter.

SPDR Portfolio Long Term Treasury ETF Trading Down 0.2%

Shares of NYSEARCA:SPTL opened at $27.07 on Friday. The company has a 50-day simple moving average of $26.63 and a 200 day simple moving average of $26.79. 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 firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a $0.0927 dividend. This is a boost from SPDR Portfolio Long Term Treasury ETF’s previous monthly dividend of $0.09. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.