SPDR Portfolio Short Term Treasury ETF $SPTS Shares Purchased by Gerber Kawasaki Wealth & Investment Management

Gerber Kawasaki Wealth & Investment Management grew its position in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 68.1% during the 3rd quarter, Holdings Channel reports. The firm owned 1,119,208 shares of the company’s stock after purchasing an additional 453,499 shares during the period. SPDR Portfolio Short Term Treasury ETF comprises 1.1% of Gerber Kawasaki Wealth & Investment Management’s investment portfolio, making the stock its 25th largest position. Gerber Kawasaki Wealth & Investment Management’s holdings in SPDR Portfolio Short Term Treasury ETF were worth $32,815,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Alliance Wealth Advisors LLC UT acquired a new stake in SPDR Portfolio Short Term Treasury ETF in the 3rd quarter valued at about $686,000. Great Point Wealth Advisors LLC acquired a new position in shares of SPDR Portfolio Short Term Treasury ETF in the 3rd quarter worth approximately $17,271,000. Acorn Financial Advisory Services Inc. ADV grew its stake in shares of SPDR Portfolio Short Term Treasury ETF by 3.4% in the 3rd quarter. Acorn Financial Advisory Services Inc. ADV now owns 1,005,112 shares of the company’s stock worth $29,470,000 after purchasing an additional 32,992 shares during the last quarter. Intrua Financial LLC bought a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the 3rd quarter worth approximately $2,020,000. Finally, Blalock Williams LLC bought a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the 3rd quarter worth approximately $733,000.

SPDR Portfolio Short Term Treasury ETF Price Performance

SPTS stock opened at $29.23 on Monday. The firm has a market cap of $5.55 billion, a PE ratio of -65.00 and a beta of 0.05. SPDR Portfolio Short Term Treasury ETF has a 12 month low of $29.06 and a 12 month high of $29.40. The firm has a 50 day simple moving average of $29.29 and a 200 day simple moving average of $29.29.

SPDR Portfolio Short Term Treasury ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.084 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.4%. SPDR Portfolio Short Term Treasury ETF’s dividend payout ratio (DPR) is currently -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.