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

Shares of SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) saw strong trading volume on Thursday . 9,966,227 shares changed hands during mid-day trading, an increase of 364% from the previous session’s volume of 2,147,038 shares.The stock last traded at $28.07 and had previously closed at $28.11.

SPDR Portfolio Intermediate Term Treasury ETF Price Performance

The firm’s 50-day moving average is $28.00 and its 200-day moving average is $28.41.

Institutional Investors Weigh In On SPDR Portfolio Intermediate Term Treasury ETF

Large investors have recently modified their holdings of the stock. Integrated Wealth Concepts LLC grew its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 44.4% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 256,823 shares of the company’s stock worth $7,463,000 after buying an additional 79,025 shares during the period. Janney Montgomery Scott LLC purchased a new stake in SPDR Portfolio Intermediate Term Treasury ETF in the fourth quarter worth about $2,858,000. Farther Finance Advisors LLC lifted its holdings in shares of SPDR Portfolio Intermediate Term Treasury ETF by 8,538.2% during the third quarter. Farther Finance Advisors LLC now owns 33,948 shares of the company’s stock valued at $987,000 after purchasing an additional 33,555 shares during the last quarter. Hardin Capital Partners LLC boosted its position in shares of SPDR Portfolio Intermediate Term Treasury ETF by 15.9% in the 3rd quarter. Hardin Capital Partners LLC now owns 38,615 shares of the company’s stock worth $1,105,000 after purchasing an additional 5,310 shares in the last quarter. Finally, Tsfg LLC grew its stake in shares of SPDR Portfolio Intermediate Term Treasury ETF by 32.4% in the 3rd quarter. Tsfg LLC now owns 363,790 shares of the company’s stock worth $10,572,000 after buying an additional 89,115 shares during the last quarter.

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.