SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) Sees Strong Trading Volume – Still a Buy?

SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) shares saw unusually-high trading volume on Thursday . Approximately 2,802,706 shares were traded during trading, an increase of 68% from the previous session’s volume of 1,672,750 shares.The stock last traded at $28.24 and had previously closed at $28.27.

SPDR Portfolio Intermediate Term Treasury ETF Stock Performance

The stock’s 50 day moving average is $28.30 and its two-hundred day moving average is $28.45.

Hedge Funds Weigh In On SPDR Portfolio Intermediate Term Treasury ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. ORG Wealth Partners LLC acquired a new stake in SPDR Portfolio Intermediate Term Treasury ETF in the 3rd quarter valued at $25,000. ORG Partners LLC bought a new position in SPDR Portfolio Intermediate Term Treasury ETF during the 2nd quarter valued at $28,000. Centennial Bank AR acquired a new position in SPDR Portfolio Intermediate Term Treasury ETF during the 3rd quarter worth $39,000. Virtue Capital Management LLC bought a new stake in shares of SPDR Portfolio Intermediate Term Treasury ETF in the 3rd quarter worth about $563,000. Finally, Boyd Watterson Asset Management LLC OH raised its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 2.9% in the 3rd quarter. Boyd Watterson Asset Management LLC OH now owns 28,501 shares of the company’s stock valued at $828,000 after purchasing an additional 798 shares in the last quarter.

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.