Broadway Wealth Solutions Inc. Invests $2.63 Million in SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL)

Broadway Wealth Solutions Inc. purchased a new position in SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 100,225 shares of the company’s stock, valued at approximately $2,625,000. SPDR Portfolio Long Term Treasury ETF makes up 2.0% of Broadway Wealth Solutions Inc.’s investment portfolio, making the stock its 9th biggest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Janney Montgomery Scott LLC bought a new stake in shares of SPDR Portfolio Long Term Treasury ETF in the 4th quarter worth $3,282,000. Arete Wealth Advisors LLC lifted its holdings in SPDR Portfolio Long Term Treasury ETF by 23.6% in the 3rd quarter. Arete Wealth Advisors LLC now owns 59,993 shares of the company’s stock valued at $1,740,000 after acquiring an additional 11,444 shares during the last quarter. World Investment Advisors LLC boosted its position in shares of SPDR Portfolio Long Term Treasury ETF by 59.2% during the 3rd quarter. World Investment Advisors LLC now owns 53,889 shares of the company’s stock valued at $1,567,000 after purchasing an additional 20,047 shares in the last quarter. Citigroup Inc. grew its stake in shares of SPDR Portfolio Long Term Treasury ETF by 12.9% in the 3rd quarter. Citigroup Inc. now owns 515,566 shares of the company’s stock worth $14,988,000 after purchasing an additional 58,912 shares during the last quarter. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of SPDR Portfolio Long Term Treasury ETF in the 3rd quarter worth approximately $243,000.

SPDR Portfolio Long Term Treasury ETF Stock Performance

Shares of NYSEARCA:SPTL opened at $26.70 on Friday. The company has a 50 day moving average price of $26.78 and a 200 day moving average price of $27.27. SPDR Portfolio Long Term Treasury ETF has a 1-year low of $25.44 and a 1-year high of $29.95.

SPDR Portfolio Long Term Treasury ETF Profile

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.