Ameriprise Financial Inc. Sells 5,412,798 Shares of SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI)

Ameriprise Financial Inc. cut its holdings in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) by 58.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,805,580 shares of the company’s stock after selling 5,412,798 shares during the quarter. Ameriprise Financial Inc. owned 1.98% of SPDR Portfolio Intermediate Term Treasury ETF worth $110,159,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sunbelt Securities Inc. bought a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF during the 1st quarter valued at $55,000. WealthPLAN Partners LLC bought a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF during the 1st quarter valued at $115,000. Householder Group Estate & Retirement Specialist LLC bought a new position in shares of SPDR Portfolio Intermediate Term Treasury ETF during the 1st quarter valued at $117,000. BNP Paribas Arbitrage SA lifted its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF by 20,008.3% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 4,826 shares of the company’s stock valued at $142,000 after buying an additional 4,802 shares during the period. Finally, US Bancorp DE lifted its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF by 52,545.7% during the 1st quarter. US Bancorp DE now owns 42,643 shares of the company’s stock valued at $1,234,000 after buying an additional 42,562 shares during the period.

SPDR Portfolio Intermediate Term Treasury ETF Stock Performance

NYSEARCA:SPTI opened at $27.73 on Monday. SPDR Portfolio Intermediate Term Treasury ETF has a one year low of $27.55 and a one year high of $29.40. The business has a fifty day moving average price of $28.02 and a 200-day moving average price of $28.45.

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.