WorthPointe LLC Has $21.86 Million Position in SPDR Portfolio Short Term Treasury ETF $SPTS

WorthPointe LLC raised its position in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 7.9% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 753,673 shares of the company’s stock after purchasing an additional 54,895 shares during the period. SPDR Portfolio Short Term Treasury ETF comprises about 5.3% of WorthPointe LLC’s investment portfolio, making the stock its 6th largest position. WorthPointe LLC’s holdings in SPDR Portfolio Short Term Treasury ETF were worth $21,864,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Proficio Capital Partners LLC grew its position in shares of SPDR Portfolio Short Term Treasury ETF by 376.4% in the 2nd quarter. Proficio Capital Partners LLC now owns 6,991,445 shares of the company’s stock worth $202,822,000 after buying an additional 5,523,850 shares during the period. Municipal Employees Retirement System of Michigan lifted its position in SPDR Portfolio Short Term Treasury ETF by 17.9% during the 4th quarter. Municipal Employees Retirement System of Michigan now owns 25,879,762 shares of the company’s stock valued at $757,760,000 after acquiring an additional 3,937,024 shares during the period. Financial Solutions Advisory Group Inc. purchased a new position in SPDR Portfolio Short Term Treasury ETF during the 1st quarter valued at about $103,133,000. Bank of Nova Scotia boosted its stake in SPDR Portfolio Short Term Treasury ETF by 110.6% during the first quarter. Bank of Nova Scotia now owns 2,441,533 shares of the company’s stock worth $71,276,000 after acquiring an additional 1,282,090 shares in the last quarter. Finally, Independence Wealth Advisors LLC boosted its stake in SPDR Portfolio Short Term Treasury ETF by 1,084.0% during the first quarter. Independence Wealth Advisors LLC now owns 1,151,974 shares of the company’s stock worth $33,615,000 after acquiring an additional 1,054,677 shares in the last quarter.

SPDR Portfolio Short Term Treasury ETF Stock Performance

Shares of SPTS opened at $28.82 on Thursday. SPDR Portfolio Short Term Treasury ETF has a fifty-two week low of $28.80 and a fifty-two week high of $29.40. The firm’s 50-day simple moving average is $28.94 and its two-hundred day simple moving average is $29.05. The stock has a market cap of $6.09 billion, a PE ratio of -64.08 and a beta of 0.05.

SPDR Portfolio Short Term Treasury ETF Company 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.