Hughes Financial Services LLC Buys 30,240 Shares of SPDR Portfolio Short Term Treasury ETF $SPTS

Hughes Financial Services LLC grew its stake in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 5.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 582,464 shares of the company’s stock after acquiring an additional 30,240 shares during the period. SPDR Portfolio Short Term Treasury ETF makes up approximately 2.1% of Hughes Financial Services LLC’s portfolio, making the stock its 9th biggest position. Hughes Financial Services LLC’s holdings in SPDR Portfolio Short Term Treasury ETF were worth $16,781,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Cranbrook Wealth Management LLC lifted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 2.1% in the 3rd quarter. Cranbrook Wealth Management LLC now owns 17,557 shares of the company’s stock valued at $503,000 after acquiring an additional 355 shares during the last quarter. Winch Advisory Services LLC boosted its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 1.6% during the 1st quarter. Winch Advisory Services LLC now owns 25,667 shares of the company’s stock valued at $749,000 after acquiring an additional 410 shares in the last quarter. XY Planning Network Inc. grew its position in SPDR Portfolio Short Term Treasury ETF by 1.9% during the 2nd quarter. XY Planning Network Inc. now owns 28,884 shares of the company’s stock worth $838,000 after acquiring an additional 536 shares during the last quarter. Brown Financial Advisors grew its position in SPDR Portfolio Short Term Treasury ETF by 2.8% during the 2nd quarter. Brown Financial Advisors now owns 19,921 shares of the company’s stock worth $578,000 after acquiring an additional 539 shares during the last quarter. Finally, Natural Investments LLC grew its position in SPDR Portfolio Short Term Treasury ETF by 9.4% during the 2nd quarter. Natural Investments LLC now owns 8,199 shares of the company’s stock worth $237,000 after acquiring an additional 706 shares during the last quarter.

SPDR Portfolio Short Term Treasury ETF Stock Down 0.0%

Shares of SPTS opened at $28.75 on Wednesday. SPDR Portfolio Short Term Treasury ETF has a 12-month low of $28.58 and a 12-month high of $29.40. The business has a 50-day simple moving average of $28.74 and a two-hundred day simple moving average of $29.00. The stock has a market cap of $7.30 billion, a PE ratio of -63.93 and a beta of 0.05.

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.