ETFs

Narus Financial Partners LLC Increases Stake in SPDR Portfolio Long Term Treasury ETF

Published October 21, 2024

Narus Financial Partners LLC has announced a significant increase in its investment in SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL). According to a recent filing with the Securities and Exchange Commission (SEC), the firm raised its stake by 19.6% during the third quarter. As a result, Narus Financial now holds 36,613 shares of the ETF after acquiring an additional 6,011 shares during the quarter. The total value of Narus Financial's holdings in SPDR Portfolio Long Term Treasury ETF amounts to approximately $1,064,000.

In addition to Narus Financial, several other institutional investors and hedge funds have also adjusted their positions in SPDR Portfolio Long Term Treasury ETF. For instance, 25 LLC increased its holdings by 0.8% in the second quarter and now owns 72,375 shares valued at $1,970,000 following the acquisition of an additional 576 shares. Auour Investments LLC also expanded its stake by 3.7% in the first quarter, bringing its total holdings to 16,558 shares worth $463,000 after an additional purchase of 584 shares. Similarly, Boltwood Capital Management raised its stake by 1.1% in the third quarter, owning 61,246 shares valued at $1,780,000 after buying 668 shares.

In the second quarter, Main Street Financial Solutions LLC increased its holdings by 5.4%, now totaling 13,035 shares valued at $355,000 after acquiring an additional 670 shares. Lastly, SeaCrest Wealth Management LLC boosted its stake by 3.5% in the third quarter, owning 20,501 shares valued at $596,000 after purchasing another 685 shares.

Market Performance

As of Monday, shares of SPDR Portfolio Long Term Treasury ETF opened at $27.92. The ETF has a 50-day moving average of $28.89 and a 200-day moving average of $27.82. Over the past year, the ETF has experienced a low of $24.47 and a high of $29.94.

About SPDR Portfolio Long Term Treasury ETF

SPDR Portfolio Long Term Treasury ETF is designed to reflect the price and yield performance of the Barclays Capital Long U.S. Treasury Index. This index includes all publicly issued U.S. treasury securities that have a remaining maturity of 10 years or more, are rated investment grade, and possess an outstanding face value of at least $250 million.

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For those looking to understand the holding patterns of hedge funds in SPDR Portfolio Long Term Treasury ETF, recent filings and insider trades provide valuable insights.

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