SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Sees Large Volume Increase – Should You Buy?

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) shares saw unusually-strong trading volume on Wednesday . 6,678,016 shares traded hands during trading, an increase of 156% from the previous session’s volume of 2,606,290 shares.The stock last traded at $28.26 and had previously closed at $28.39.

SPDR Portfolio Intermediate Term Treasury ETF Stock Performance

The firm’s 50 day moving average is $28.37 and its 200-day moving average is $28.65.

Institutional Investors Weigh In On SPDR Portfolio Intermediate Term Treasury ETF

A number of large investors have recently made changes to their positions in SPTI. WealthPoint Financial LLC purchased a new position in SPDR Portfolio Intermediate Term Treasury ETF during the first quarter worth approximately $228,000. Capasso Planning Partners LLC grew its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 5.4% in the 1st quarter. Capasso Planning Partners LLC now owns 410,309 shares of the company’s stock valued at $11,759,000 after buying an additional 20,920 shares in the last quarter. Verus Capital Partners LLC grew its holdings in SPDR Portfolio Intermediate Term Treasury ETF by 130.0% in the 1st quarter. Verus Capital Partners LLC now owns 199,291 shares of the company’s stock valued at $5,712,000 after buying an additional 112,627 shares in the last quarter. Strategic Investment Advisors MI increased its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 16.4% in the 1st quarter. Strategic Investment Advisors MI now owns 46,086 shares of the company’s stock worth $1,319,000 after acquiring an additional 6,484 shares during the last quarter. Finally, Arkadios Wealth Advisors acquired a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the 1st quarter worth $7,835,000.

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.