PFG Advisors Sells 253,808 Shares of SPDR Portfolio Short Term Treasury ETF $SPTS

PFG Advisors decreased its holdings in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 90.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,804 shares of the company’s stock after selling 253,808 shares during the period. PFG Advisors’ holdings in SPDR Portfolio Short Term Treasury ETF were worth $757,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in SPTS. Tripletail Wealth Management LLC bought a new position in shares of SPDR Portfolio Short Term Treasury ETF in the third quarter worth about $25,000. Addison Advisors LLC boosted its position in SPDR Portfolio Short Term Treasury ETF by 450.0% in the 3rd quarter. Addison Advisors LLC now owns 858 shares of the company’s stock valued at $25,000 after buying an additional 702 shares during the period. Pinnacle Bancorp Inc. boosted its position in SPDR Portfolio Short Term Treasury ETF by 57.5% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 1,709 shares of the company’s stock valued at $50,000 after buying an additional 624 shares during the period. Versant Capital Management Inc bought a new position in SPDR Portfolio Short Term Treasury ETF in the 3rd quarter worth about $51,000. Finally, Fifth Third Bancorp bought a new position in SPDR Portfolio Short Term Treasury ETF in the 3rd quarter worth about $97,000.

SPDR Portfolio Short Term Treasury ETF Stock Performance

Shares of NYSEARCA:SPTS opened at $29.20 on Thursday. The firm’s 50 day simple moving average is $29.28 and its 200-day simple moving average is $29.29. SPDR Portfolio Short Term Treasury ETF has a one year low of $29.06 and a one year high of $29.40. The firm has a market cap of $5.55 billion, a PE ratio of -64.93 and a beta of 0.05.

SPDR Portfolio Short Term Treasury ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.084 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.5%. SPDR Portfolio Short Term Treasury ETF’s dividend payout ratio is -255.71%.

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.