Silver Oak Securities Incorporated Buys 178,740 Shares of SPDR Portfolio Short Term Treasury ETF $SPTS

Silver Oak Securities Incorporated raised its stake in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 226.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 257,546 shares of the company’s stock after buying an additional 178,740 shares during the quarter. Silver Oak Securities Incorporated’s holdings in SPDR Portfolio Short Term Treasury ETF were worth $7,541,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. NewEdge Advisors LLC lifted its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 76.2% in the first quarter. NewEdge Advisors LLC now owns 34,757 shares of the company’s stock worth $1,016,000 after buying an additional 15,030 shares in the last quarter. Jones Financial Companies Lllp grew its stake in SPDR Portfolio Short Term Treasury ETF by 2,864.3% during the first quarter. Jones Financial Companies Lllp now owns 15,118 shares of the company’s stock valued at $442,000 after acquiring an additional 14,608 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in SPDR Portfolio Short Term Treasury ETF by 129.0% during the first quarter. Goldman Sachs Group Inc. now owns 236,393 shares of the company’s stock valued at $6,912,000 after acquiring an additional 133,182 shares in the last quarter. Jane Street Group LLC bought a new stake in SPDR Portfolio Short Term Treasury ETF during the 1st quarter worth approximately $1,606,000. Finally, JPMorgan Chase & Co. increased its holdings in SPDR Portfolio Short Term Treasury ETF by 14.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 597,299 shares of the company’s stock worth $17,495,000 after acquiring an additional 75,758 shares during the period.

SPDR Portfolio Short Term Treasury ETF Price Performance

NYSEARCA SPTS opened at $29.16 on Tuesday. The company’s 50 day simple moving average is $29.25 and its two-hundred day simple moving average is $29.28. SPDR Portfolio Short Term Treasury ETF has a 1 year low of $29.05 and a 1 year high of $29.40. The stock has a market capitalization of $5.54 billion, a PE ratio of -64.84 and a beta of 0.05.

SPDR Portfolio Short Term Treasury ETF Cuts Dividend

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

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.