Synergy Investment Management LLC Takes $7.31 Million Position in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI)

Synergy Investment Management LLC bought a new position in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 262,023 shares of the company’s stock, valued at approximately $7,305,000. SPDR Portfolio Intermediate Term Treasury ETF accounts for about 3.1% of Synergy Investment Management LLC’s holdings, making the stock its 5th biggest position. Synergy Investment Management LLC owned 0.13% of SPDR Portfolio Intermediate Term Treasury ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Centennial Bank AR purchased a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the 3rd quarter worth about $39,000. SBI Securities Co. Ltd. bought a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF during the fourth quarter valued at approximately $121,000. Jones Financial Companies Lllp raised its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 36.2% in the fourth quarter. Jones Financial Companies Lllp now owns 16,213 shares of the company’s stock worth $452,000 after purchasing an additional 4,306 shares during the last quarter. Virtue Capital Management LLC purchased a new position in SPDR Portfolio Intermediate Term Treasury ETF in the 3rd quarter worth about $563,000. Finally, Farther Finance Advisors LLC raised its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF by 8,538.2% during the third quarter. Farther Finance Advisors LLC now owns 33,948 shares of the company’s stock valued at $987,000 after purchasing an additional 33,555 shares during the last quarter.

SPDR Portfolio Intermediate Term Treasury ETF Price Performance

NYSEARCA SPTI opened at $28.48 on Tuesday. SPDR Portfolio Intermediate Term Treasury ETF has a 1-year low of $27.42 and a 1-year high of $29.28. The business’s fifty day moving average price is $27.98 and its 200-day moving average price is $28.35.

SPDR Portfolio Intermediate Term Treasury ETF 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.