SPDR Portfolio Long Term Treasury ETF

SPTL

Market cap $11.8B

Overview Fund Activity

27.15 USD

-0.06

0.22%

At close Updated Sep 17, 4:00 PM EDT

Pre-market

After hours

27.03

-0.12

0.44%

1 day

-0.22%

5 days

0.15%

1 month

4.18%

3 months

4.06%

6 months

0.11%

Year to date

3.63%

1 year

-8.68%

5 years

-42.17%

10 years

-22.18%

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

9% more repeat investments, than reductions

Existing positions increased: 173 | Existing positions reduced: 158

4.6% less ownership

Funds ownership: 90.19% [Q1] → 85.6% (-4.6%) [Q2]

6% less capital invested

Capital invested by funds: $10.6B [Q1] → $9.91B (-$667M) [Q2]

7% less funds holding

Funds holding: 461 [Q1] → 428 (-33) [Q2]

14% less funds holding in top 10

Funds holding in top 10: 28 [Q1] → 24 (-4) [Q2]

31% less first-time investments, than exits

New positions opened: 53 | Existing positions closed: 77

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Financial journalist opinion

CNBC Television

Tactical ETFs: How they work and why they matter in a volatile market

Troy Donohue, BTIG head of Americas portfolio trading, and Katie Stockton, Fairlead Strategies founder, sit down with CNBC's Bob Pisani to discuss how the world of tactical ETFs is growing, the different strategies firms are using, and how diversification is making a comeback on 'ETF Edge'.

Tactical ETFs: How they work and why they matter in a volatile market

Stock Picks From Seeking Alpha's March 2025 New Analysts

In March, we welcomed 30 new analysts to Seeking Alpha, and in this article we are showcasing their stock picks and investment strategies. Our analysts covered a diverse set of industries—including IT, financials, utilities, materials, and mining—and provided ratings ranging from Strong Sell to Strong Buy. Top picks include C3.ai, Robinhood, Central Puerto, CF Industries, and Kyndryl.

Stock Picks From Seeking Alpha's March 2025 New Analysts

SPTL ETF: Longer-End Yields Are Being Overzealous

U.S. bond yields have surged, likely due to President Trump's proposed policies, which many believe will spark inflation. We think the market has overreacted by assuming Trump's proposed policies will be implemented and/or lead to a worst-case scenario. We think the SPDR® Portfolio Long Term Treasury ETF offers a low-cost opportunity to capitalise on elevated yields.

SPTL ETF: Longer-End Yields Are Being Overzealous

Rates Spark: ECB Presser Bear-Flattened The Curve

The ECB cut rates by 25bp as widely anticipated, but a slightly hawkish tilt bear flattened the EUR curve, which in our view remains priced aggressively. In the US, as the markets head towards the Fed's first rate cut, the probability of a larger cut rose slightly on Thursday.

Rates Spark: ECB Presser Bear-Flattened The Curve

Positioning Ahead of the Fed: ETFs for a Lower Rate Era

The first cut is the deepest — so they say. As with all complicated relationships, this mantra may certainly ring true for the Federal Reserve and the markets — at least from a psychological standpoint.

Positioning Ahead of the Fed: ETFs for a Lower Rate Era

SPDR Portfolio Long Term Treasury ETF: Time To Load Up (Rating Upgrade)

SPTL has declined by nearly 40% due to rising treasury yields and inflation. SPTL's sensitivity to rate changes caused a 41% decline, but easing inflation and weakening economy may lead to a rebound. The lower rate environment and potential economic recession make it a good time to own SPTL, with potential price returns of over 20%.

SPDR Portfolio Long Term Treasury ETF: Time To Load Up (Rating Upgrade)

Going Longer: Deeper Rotation Into Duration?

Investors took refuge in short-term Treasury bonds throughout 2023, where they reaped the rewards of higher-yielding money markets. Meanwhile, longer duration Treasuries have been mired in a bear market since 2020 but could finally start to see a reversal of fortune.

Going Longer: Deeper Rotation Into Duration?

State Street Rebalance of Active ETF Models Hint at Caution

Macro conditions remain a bit of a mixed bag. In the past week alone, the latest read on inflation surprised to the downside, while unemployment figures beat estimates to the upside.

SPTL: A Balance Between Income And Duration, But I Remain On The Sidelines

Looking ahead, the fundamental/technical case to owning Treasury bonds isn't all that favorable, either.

Estimating The Impact Of Lower Rates On Bond Fund Dividends

It generally takes a few years for changes in Federal Reserve rates to fully impact bond fund dividends. Bond funds are still benefitting from prior rate hikes. Perhaps by enough to cancel out any future rate cuts. By my estimations, and under current Fed guidance, most bond funds would only start to see declining dividends in 2025, at the earliest.

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