State Street Global Advisors has launched a new ETF offering low-cost exposure to U.S. Treasury securities with remaining maturities of a year or more.
The SPDR Portfolio Treasury ETF is priced at 3 basis points and seeks to track the performance of the Bloomberg U.S. Treasury Index.
SPTB complements State Street’s Treasury lineup of short-, intermediate- and long maturity ETFs: SPDR Portfolio Short Term Treasury ETF (SPTS), SPDR Portfolio Intermediate Term Treasury ETF (SPTI) and SPDR Portfolio Long Term Treasury ETF (SPTL).
Introduced in 2017, the SPDR Portfolio ETF suite provides exposure to US equity, international equity, and fixed-income asset classes and has more than $197 billion in assets.
