SPDR Portfolio Short Term Treasury ETF $SPTS Position Reduced by GM Advisory Group LLC

GM Advisory Group LLC decreased its position in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 4.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,908,699 shares of the company’s stock after selling 92,085 shares during the period. SPDR Portfolio Short Term Treasury ETF comprises approximately 2.4% of GM Advisory Group LLC’s portfolio, making the stock its 10th biggest holding. GM Advisory Group LLC owned 0.97% of SPDR Portfolio Short Term Treasury ETF worth $55,963,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in SPTS. Advisory Services Network LLC acquired a new position in shares of SPDR Portfolio Short Term Treasury ETF during the 3rd quarter worth $41,000. Keystone Financial Group grew its stake in SPDR Portfolio Short Term Treasury ETF by 7.9% in the 3rd quarter. Keystone Financial Group now owns 16,334 shares of the company’s stock valued at $479,000 after acquiring an additional 1,201 shares during the last quarter. State Street Corp increased its holdings in SPDR Portfolio Short Term Treasury ETF by 3.3% during the 3rd quarter. State Street Corp now owns 12,823,387 shares of the company’s stock valued at $375,982,000 after acquiring an additional 404,327 shares in the last quarter. Susquehanna International Group LLP purchased a new position in SPDR Portfolio Short Term Treasury ETF during the 3rd quarter valued at about $10,845,000. Finally, S. R. Schill & Associates raised its position in SPDR Portfolio Short Term Treasury ETF by 3.3% during the third quarter. S. R. Schill & Associates now owns 294,640 shares of the company’s stock worth $8,639,000 after acquiring an additional 9,512 shares during the last quarter.

SPDR Portfolio Short Term Treasury ETF Price Performance

Shares of NYSEARCA SPTS opened at $29.21 on Wednesday. The firm’s 50-day moving average is $29.27 and its two-hundred day moving average is $29.29. The company has a market capitalization of $5.55 billion, a PE ratio of -64.95 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.

SPDR Portfolio Short Term Treasury ETF Cuts Dividend

The business also recently announced 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) dividend on an annualized basis and a 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.