Prime Capital Investment Advisors LLC Has $2.73 Million Stake in SPDR Portfolio Short Term Treasury ETF $SPTS

Prime Capital Investment Advisors LLC cut its stake in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 22.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 93,152 shares of the company’s stock after selling 27,423 shares during the period. Prime Capital Investment Advisors LLC’s holdings in SPDR Portfolio Short Term Treasury ETF were worth $2,731,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of SPTS. Tripletail Wealth Management LLC bought a new position in shares of SPDR Portfolio Short Term Treasury ETF during the third quarter worth about $25,000. Pinnacle Bancorp Inc. grew its stake in shares of 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 worth $50,000 after acquiring an additional 624 shares in the last quarter. Versant Capital Management Inc acquired a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the third quarter valued at approximately $51,000. Beacon Capital Management Inc. acquired a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the second quarter valued at approximately $126,000. Finally, ORG Partners LLC bought a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the third quarter worth $129,000.

SPDR Portfolio Short Term Treasury ETF Trading Down 0.0%

SPDR Portfolio Short Term Treasury ETF stock opened at $29.27 on Friday. SPDR Portfolio Short Term Treasury ETF has a 1-year low of $28.94 and a 1-year high of $29.39. The company has a fifty day simple moving average of $29.27 and a 200 day simple moving average of $29.28. The company has a market cap of $5.56 billion, a P/E ratio of -65.08 and a beta of 0.05.

SPDR Portfolio Short Term Treasury ETF Increases Dividend

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

About SPDR Portfolio Short Term Treasury ETF

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.