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SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI - Get Free Report)'s share price hit a new 52-week low during trading on Monday. The company traded as low as $27.52 and last traded at $27.5850, with a volume of 2162201 shares. The stock had previously closed at $27.53. SPDR Portfolio Intermediate Term Treasury ETF Price

Bank of America Corp DE lessened its stake in SPDR Portfolio Intermediate Term Treasury ETF (NYSEARCA:SPTI) by 86.9% in the undefined quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,885,287 shares of the company's stock after selling 12,490,680 shares during the period.

State Street SPDR Portfolio Int Term Treasury ETF faces a bearish outlook due to 'higher for longer' rate expectations and renewed geopolitical risks. SPTI's intermediate duration (4.9 years) exposes it to both short-term Fed policy and longer-term inflationary pressures, making it less attractive than ultra-short Treasury options. Current rate upside risks include potential Hormuz conflict escalation, bifurcating…