Gradient Investments LLC Purchases New Stake in SPDR Portfolio Intermediate Term Treasury ETF $SPTI

Gradient Investments LLC acquired a new stake in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) during the third quarter, Holdings Channel reports. The fund acquired 1,530,221 shares of the company’s stock, valued at approximately $41,744,000.

Several other hedge funds also recently added to or reduced their stakes in SPTI. Puff Wealth Management LLC boosted its stake in SPDR Portfolio Intermediate Term Treasury ETF by 11.8% during the third quarter. Puff Wealth Management LLC now owns 35,195 shares of the company’s stock worth $960,000 after buying an additional 3,725 shares during the period. Waller Financial Planning Group Inc. boosted its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 2.2% during the 3rd quarter. Waller Financial Planning Group Inc. now owns 44,545 shares of the company’s stock worth $1,215,000 after purchasing an additional 948 shares during the period. Boltwood Capital Management acquired a new stake in SPDR Portfolio Intermediate Term Treasury ETF in the 3rd quarter valued at approximately $1,119,000. Envestnet Portfolio Solutions Inc. raised its position in SPDR Portfolio Intermediate Term Treasury ETF by 26.1% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,244,488 shares of the company’s stock valued at $35,305,000 after purchasing an additional 257,703 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in SPDR Portfolio Intermediate Term Treasury ETF by 5.7% in the second quarter. Envestnet Asset Management Inc. now owns 8,273,012 shares of the company’s stock valued at $234,871,000 after purchasing an additional 444,980 shares during the period.

SPDR Portfolio Intermediate Term Treasury ETF Stock Up 0.2%

NYSEARCA:SPTI traded up $0.04 during trading hours on Thursday, reaching $27.30. 1,802,861 shares of the stock were exchanged, compared to its average volume of 2,554,297. The business has a 50-day moving average of $27.80 and a two-hundred day moving average of $28.18. SPDR Portfolio Intermediate Term Treasury ETF has a twelve month low of $27.13 and a twelve month high of $29.24.

About SPDR Portfolio Intermediate Term Treasury ETF

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.