129,862 Shares of SPDR Portfolio Short Term Treasury ETF $SPTS Bought by Mechanics Bank Trust Department

Mechanics Bank Trust Department bought a new stake in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) in the third quarter, HoldingsChannel reports. The fund bought 129,862 shares of the company’s stock, valued at approximately $3,723,000.

A number of other hedge funds have also recently added to or reduced their stakes in SPTS. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in SPDR Portfolio Short Term Treasury ETF during the fourth quarter worth approximately $25,000. Allianz Asset Management GmbH purchased a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the second quarter valued at about $46,000. Root Financial Partners LLC raised its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 370.6% in the first quarter. Root Financial Partners LLC now owns 2,099 shares of the company’s stock valued at $61,000 after buying an additional 1,653 shares during the last quarter. Eastern Bank acquired a new stake in shares of SPDR Portfolio Short Term Treasury ETF during the third quarter worth about $79,000. Finally, Retirement Wealth Solutions LLC acquired a new stake in shares of SPDR Portfolio Short Term Treasury ETF during the third quarter worth about $81,000.

SPDR Portfolio Short Term Treasury ETF Trading Up 0.0%

Shares of SPDR Portfolio Short Term Treasury ETF stock traded up $0.01 during trading hours on Tuesday, hitting $28.66. 1,284,204 shares of the company were exchanged, compared to its average volume of 1,952,514. The business has a 50-day moving average of $28.81 and a 200-day moving average of $28.94. SPDR Portfolio Short Term Treasury ETF has a 1 year low of $28.58 and a 1 year high of $29.40. The stock has a market capitalization of $7.15 billion, a price-to-earnings ratio of -63.73 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.