Downshift Financial LLC Invests $2.66 Million in SPDR Portfolio Intermediate Term Treasury ETF $SPTI

Downshift Financial LLC purchased a new position in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 92,378 shares of the company’s stock, valued at approximately $2,664,000. SPDR Portfolio Intermediate Term Treasury ETF accounts for 1.6% of Downshift Financial LLC’s investment portfolio, making the stock its 15th largest position.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Merit Financial Group LLC raised its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 7.0% in the 4th quarter. Merit Financial Group LLC now owns 5,757,906 shares of the company’s stock valued at $166,058,000 after buying an additional 377,331 shares in the last quarter. NorthRock Partners LLC increased its stake in SPDR Portfolio Intermediate Term Treasury ETF by 8,916.4% in the third quarter. NorthRock Partners LLC now owns 888,742 shares of the company’s stock valued at $25,685,000 after acquiring an additional 878,885 shares during the last quarter. Carnegie Investment Counsel increased its stake in SPDR Portfolio Intermediate Term Treasury ETF by 1.4% in the fourth quarter. Carnegie Investment Counsel now owns 1,809,234 shares of the company’s stock valued at $52,178,000 after acquiring an additional 24,325 shares during the last quarter. Gradient Investments LLC raised its position in SPDR Portfolio Intermediate Term Treasury ETF by 4.6% during the fourth quarter. Gradient Investments LLC now owns 1,274,860 shares of the company’s stock valued at $36,767,000 after purchasing an additional 56,300 shares in the last quarter. Finally, Compton Financial Group LLC raised its position in SPDR Portfolio Intermediate Term Treasury ETF by 3.0% during the third quarter. Compton Financial Group LLC now owns 2,048,526 shares of the company’s stock valued at $59,202,000 after purchasing an additional 60,286 shares in the last quarter.

SPDR Portfolio Intermediate Term Treasury ETF Stock Performance

NYSEARCA SPTI opened at $28.31 on Friday. The business has a fifty day moving average price of $28.43 and a two-hundred day moving average price of $28.69. SPDR Portfolio Intermediate Term Treasury ETF has a fifty-two week low of $28.09 and a fifty-two week high of $29.24.

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.