Signet Financial Management LLC Has $13.08 Million Stock Position in SPDR Portfolio Short Term Treasury ETF $SPTS

Signet Financial Management LLC raised its position in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 5.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 446,662 shares of the company’s stock after buying an additional 22,935 shares during the quarter. SPDR Portfolio Short Term Treasury ETF accounts for 1.5% of Signet Financial Management LLC’s holdings, making the stock its 9th biggest holding. Signet Financial Management LLC’s holdings in SPDR Portfolio Short Term Treasury ETF were worth $13,078,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Nemes Rush Group LLC increased its stake in shares of SPDR Portfolio Short Term Treasury ETF by 4.1% in the 3rd quarter. Nemes Rush Group LLC now owns 8,773 shares of the company’s stock valued at $257,000 after purchasing an additional 342 shares during the last quarter. Parallel Advisors LLC lifted its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 6.3% during the third quarter. Parallel Advisors LLC now owns 7,676 shares of the company’s stock worth $225,000 after purchasing an additional 457 shares during the period. Cornerstone Financial Group LLC NE lifted its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 3.9% during the second quarter. Cornerstone Financial Group LLC NE now owns 16,291 shares of the company’s stock worth $477,000 after purchasing an additional 609 shares during the period. Carnegie Investment Counsel grew its stake in shares of SPDR Portfolio Short Term Treasury ETF by 2.3% in the third quarter. Carnegie Investment Counsel now owns 27,469 shares of the company’s stock worth $805,000 after purchasing an additional 609 shares during the last quarter. Finally, Pinnacle Bancorp Inc. grew its stake in shares of SPDR Portfolio Short Term Treasury ETF by 57.5% in the third quarter. Pinnacle Bancorp Inc. now owns 1,709 shares of the company’s stock worth $50,000 after purchasing an additional 624 shares during the last quarter.

SPDR Portfolio Short Term Treasury ETF Stock Down 0.2%

NYSEARCA SPTS opened at $29.10 on Friday. The company has a market capitalization of $5.53 billion, a price-to-earnings ratio of -64.71 and a beta of 0.05. SPDR Portfolio Short Term Treasury ETF has a twelve month low of $29.06 and a twelve month high of $29.40. The stock has a fifty day simple moving average of $29.27 and a 200 day simple moving average of $29.29.

SPDR Portfolio Short Term Treasury ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders 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) annualized dividend and a dividend yield of 3.5%. SPDR Portfolio Short Term Treasury ETF’s dividend payout ratio is presently -255.71%.

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.