Perennial Investment Advisors LLC Acquires New Position in SPDR Portfolio Long Term Treasury ETF $SPTL

Perennial Investment Advisors LLC acquired a new stake in SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 45,399 shares of the company’s stock, valued at approximately $1,223,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPTL. AQR Capital Management LLC raised its position in SPDR Portfolio Long Term Treasury ETF by 36.3% in the first quarter. AQR Capital Management LLC now owns 24,206 shares of the company’s stock worth $660,000 after acquiring an additional 6,448 shares in the last quarter. Texas Yale Capital Corp. acquired a new stake in SPDR Portfolio Long Term Treasury ETF in the second quarter valued at $244,000. Atlas Legacy Advisors LLC boosted its position in shares of SPDR Portfolio Long Term Treasury ETF by 6.1% during the 2nd quarter. Atlas Legacy Advisors LLC now owns 138,274 shares of the company’s stock worth $3,675,000 after purchasing an additional 7,944 shares in the last quarter. Smart Money Group LLC boosted its position in shares of SPDR Portfolio Long Term Treasury ETF by 43.5% during the 2nd quarter. Smart Money Group LLC now owns 21,788 shares of the company’s stock worth $579,000 after purchasing an additional 6,600 shares in the last quarter. Finally, Penserra Capital Management LLC acquired a new position in shares of SPDR Portfolio Long Term Treasury ETF during the 2nd quarter worth $3,754,000.

SPDR Portfolio Long Term Treasury ETF Trading Down 0.3%

SPTL stock opened at $26.79 on Friday. The firm has a 50 day moving average of $26.74 and a 200-day moving average of $26.84. SPDR Portfolio Long Term Treasury ETF has a 12-month low of $25.17 and a 12-month high of $28.14.

SPDR Portfolio Long Term Treasury ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a $0.0839 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.8%.

About SPDR Portfolio Long Term Treasury ETF

SPDR Barclays Long Term Treasury ETF (the Fund), formerly SPDR Barclays Capital Long Term Treasury ETF, seeks to provide investment results that corresponds to the price and yield performance of the Barclays Capital Long U.S. Treasury Index (the Index). The Index includes all publicly issued, United States treasury securities that have a remaining maturity of 10 or more years, are rated investment grade, and have $250 million or more of outstanding face value. In addition, the securities must be denominated in United States dollars and must be fixed rate and non convertible.