SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL) shares saw strong trading volume on Tuesday . 2,035,576 shares traded hands during mid-day trading, an increase of 58% from the previous session’s volume of 1,287,579 shares.The stock last traded at $35.15 and had previously closed at $34.93.

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 7th. Investors of record on Monday, March 4th were paid a $0.076 dividend. The ex-dividend date of this dividend was Friday, March 1st. This represents a $0.91 dividend on an annualized basis and a yield of 2.62%.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. SCS Capital Management LLC acquired a new stake in SPDR Portfolio Long Term Treasury ETF in the 4th quarter valued at about $26,426,000. Peak Capital Management LLC boosted its stake in shares of SPDR Portfolio Long Term Treasury ETF by 69.7% during the 4th quarter. Peak Capital Management LLC now owns 554,069 shares of the company’s stock worth $19,415,000 after purchasing an additional 227,617 shares during the last quarter. LPL Financial LLC boosted its stake in shares of SPDR Portfolio Long Term Treasury ETF by 983.6% during the 4th quarter. LPL Financial LLC now owns 520,337 shares of the company’s stock worth $18,233,000 after purchasing an additional 472,319 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of SPDR Portfolio Long Term Treasury ETF by 8.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 506,306 shares of the company’s stock worth $17,113,000 after purchasing an additional 37,709 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of SPDR Portfolio Long Term Treasury ETF by 91.8% during the 4th quarter. Bank of New York Mellon Corp now owns 380,507 shares of the company’s stock worth $13,333,000 after purchasing an additional 182,073 shares during the last quarter.

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SPDR Portfolio Long Term Treasury ETF Company Profile (NYSEARCA:SPTL)

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.

Further Reading: Do investors pay a separate front-end load every time they buy additional shares?

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