SPDR Portfolio Short Term Treasury ETF $SPTS Shares Purchased by Woodmont Investment Counsel LLC

Woodmont Investment Counsel LLC grew its position in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 10.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 940,577 shares of the company’s stock after acquiring an additional 87,460 shares during the quarter. SPDR Portfolio Short Term Treasury ETF comprises approximately 1.8% of Woodmont Investment Counsel LLC’s portfolio, making the stock its 11th biggest position. Woodmont Investment Counsel LLC’s holdings in SPDR Portfolio Short Term Treasury ETF were worth $27,578,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Bulltick Wealth Management LLC lifted its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 4.6% during the second quarter. Bulltick Wealth Management LLC now owns 9,021 shares of the company’s stock worth $264,000 after purchasing an additional 400 shares during the period. GWN Securities Inc. grew its stake in shares of SPDR Portfolio Short Term Treasury ETF by 4.3% during the 2nd quarter. GWN Securities Inc. now owns 9,896 shares of the company’s stock worth $290,000 after purchasing an additional 408 shares during the period. Private Wealth Group LLC increased its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 0.3% in the 2nd quarter. Private Wealth Group LLC now owns 215,191 shares of the company’s stock valued at $6,303,000 after purchasing an additional 556 shares in the last quarter. Cornerstone Financial Group LLC NE lifted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 3.9% in the second quarter. Cornerstone Financial Group LLC NE now owns 16,291 shares of the company’s stock valued at $477,000 after purchasing an additional 609 shares during the period. Finally, Carnegie Investment Counsel boosted its holdings in SPDR Portfolio Short Term Treasury ETF by 2.3% during the third quarter. Carnegie Investment Counsel now owns 27,469 shares of the company’s stock worth $805,000 after buying an additional 609 shares in the last quarter.

SPDR Portfolio Short Term Treasury ETF Trading Up 0.1%

Shares of SPDR Portfolio Short Term Treasury ETF stock opened at $29.33 on Monday. The company has a 50-day moving average of $29.28 and a two-hundred day moving average of $29.28. SPDR Portfolio Short Term Treasury ETF has a 12-month low of $28.94 and a 12-month high of $29.39. The stock has a market cap of $6.14 billion, a PE ratio of -65.22 and a beta of 0.05.

SPDR Portfolio Short Term Treasury ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, February 5th. Investors of record on Monday, February 2nd will be issued a dividend of $0.1017 per share. This is a boost from SPDR Portfolio Short Term Treasury ETF’s previous monthly dividend of $0.09. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Monday, February 2nd. SPDR Portfolio Short Term Treasury ETF’s payout ratio is presently -257.94%.

SPDR Portfolio Short Term Treasury ETF 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.