Envestnet Asset Management Inc. Grows Stake in SPDR Portfolio Short Term Treasury ETF $SPTS

Envestnet Asset Management Inc. raised its position in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 0.4% in the third quarter, HoldingsChannel reports. The firm owned 5,539,655 shares of the company’s stock after acquiring an additional 23,320 shares during the period. Envestnet Asset Management Inc.’s holdings in SPDR Portfolio Short Term Treasury ETF were worth $162,423,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in SPTS. Tripletail Wealth Management LLC purchased a new stake in SPDR Portfolio Short Term Treasury ETF in the third quarter worth about $25,000. Pinnacle Bancorp Inc. increased its position in SPDR Portfolio Short Term Treasury ETF by 57.5% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 1,709 shares of the company’s stock valued at $50,000 after purchasing an additional 624 shares during the period. Versant Capital Management Inc bought a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the 3rd quarter valued at about $51,000. Beacon Capital Management Inc. purchased a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the 2nd quarter worth approximately $126,000. Finally, ORG Partners LLC bought a new position in shares of SPDR Portfolio Short Term Treasury ETF during the third quarter valued at approximately $129,000.

SPDR Portfolio Short Term Treasury ETF Stock Down 0.0%

Shares of SPTS stock opened at $29.27 on Friday. The firm has a market cap of $5.56 billion, a price-to-earnings ratio of -65.08 and a beta of 0.05. SPDR Portfolio Short Term Treasury ETF has a 52-week low of $28.94 and a 52-week high of $29.39. The company’s 50 day moving average is $29.27 and its 200 day moving average is $29.28.

SPDR Portfolio Short Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.1017 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. This is a boost from SPDR Portfolio Short Term Treasury ETF’s previous monthly dividend of $0.09. SPDR Portfolio Short Term Treasury ETF’s dividend payout ratio (DPR) is -257.94%.

SPDR Portfolio Short Term Treasury ETF Profile

The SPDR Portfolio Short Term Treasury ETF (SPTS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasurys with remaining maturities between 1-3 years. SPTS was launched on Nov 30, 2011 and is managed by State Street.