Fifth Third Bancorp Buys New Stake in SPDR Portfolio Intermediate Term Treasury ETF $SPTI

Fifth Third Bancorp bought a new position in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 301,892 shares of the company’s stock, valued at approximately $8,652,000. Fifth Third Bancorp owned about 0.09% of SPDR Portfolio Intermediate Term Treasury ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Merit Financial Group LLC raised its holdings in 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 worth $166,058,000 after purchasing an additional 377,331 shares during the period. Carnegie Investment Counsel grew its holdings 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 purchasing an additional 24,325 shares during the period. Migdal Insurance & Financial Holdings Ltd. increased its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 39.7% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 199,019 shares of the company’s stock valued at $5,740,000 after buying an additional 56,519 shares in the last quarter. Gradient Investments LLC increased its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 4.6% in the fourth quarter. Gradient Investments LLC now owns 1,274,860 shares of the company’s stock valued at $36,767,000 after buying an additional 56,300 shares in the last quarter. Finally, Trilogy Capital Inc. increased its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 11.1% in the fourth quarter. Trilogy Capital Inc. now owns 178,997 shares of the company’s stock valued at $5,162,000 after buying an additional 17,840 shares in the last quarter.

SPDR Portfolio Intermediate Term Treasury ETF Stock Performance

NYSEARCA:SPTI opened at $28.23 on Thursday. SPDR Portfolio Intermediate Term Treasury ETF has a fifty-two week low of $28.09 and a fifty-two week high of $29.24. The company has a fifty day moving average of $28.30 and a two-hundred day moving average of $28.61.

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.