Spinnaker Trust Invests $43.25 Million in SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL)

Spinnaker Trust acquired a new position in SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,490,496 shares of the company’s stock, valued at approximately $43,254,000. SPDR Portfolio Long Term Treasury ETF makes up about 2.9% of Spinnaker Trust’s investment portfolio, making the stock its 7th biggest position. Spinnaker Trust owned 0.63% of SPDR Portfolio Long Term Treasury ETF as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Financial Engines Advisors L.L.C. increased its holdings in SPDR Portfolio Long Term Treasury ETF by 8.3% during the third quarter. Financial Engines Advisors L.L.C. now owns 33,675,272 shares of the company’s stock worth $880,608,000 after buying an additional 2,574,090 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in SPDR Portfolio Long Term Treasury ETF by 36.0% during the third quarter. Envestnet Asset Management Inc. now owns 5,901,345 shares of the company’s stock worth $154,320,000 after buying an additional 1,562,298 shares during the last quarter. UBS Group AG increased its holdings in SPDR Portfolio Long Term Treasury ETF by 33.9% during the third quarter. UBS Group AG now owns 2,599,156 shares of the company’s stock worth $67,968,000 after buying an additional 658,583 shares during the last quarter. Stifel Financial Corp increased its holdings in SPDR Portfolio Long Term Treasury ETF by 21.0% during the third quarter. Stifel Financial Corp now owns 2,116,664 shares of the company’s stock worth $55,351,000 after buying an additional 367,028 shares during the last quarter. Finally, Townsquare Capital LLC increased its holdings in shares of SPDR Portfolio Long Term Treasury ETF by 5.6% in the third quarter. Townsquare Capital LLC now owns 2,064,215 shares of the company’s stock valued at $53,979,000 after purchasing an additional 109,282 shares during the last quarter.

SPDR Portfolio Long Term Treasury ETF Price Performance

Shares of NYSEARCA:SPTL traded up $0.13 on Friday, hitting $26.19. The company had a trading volume of 3,213,215 shares, compared to its average volume of 4,397,267. SPDR Portfolio Long Term Treasury ETF has a 1-year low of $24.47 and a 1-year high of $31.02. The stock has a 50 day moving average price of $27.30 and a 200 day moving average price of $27.28.

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.