SPDR Portfolio Short Term Treasury ETF $SPTS Shares Bought by Modern Wealth Management LLC

Modern Wealth Management LLC grew its stake in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 74.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,745,879 shares of the company’s stock after buying an additional 747,653 shares during the quarter. SPDR Portfolio Short Term Treasury ETF comprises 1.0% of Modern Wealth Management LLC’s holdings, making the stock its 19th biggest position. Modern Wealth Management LLC owned about 0.88% of SPDR Portfolio Short Term Treasury ETF worth $51,189,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Entrewealth LLC lifted its stake in SPDR Portfolio Short Term Treasury ETF by 4.7% during the third quarter. Entrewealth LLC now owns 195,535 shares of the company’s stock valued at $5,733,000 after buying an additional 8,777 shares in the last quarter. JT Stratford LLC increased its stake in shares of SPDR Portfolio Short Term Treasury ETF by 24.4% in the third quarter. JT Stratford LLC now owns 131,941 shares of the company’s stock worth $3,868,000 after acquiring an additional 25,918 shares during the last quarter. Fiduciary Group LLC raised its stake in shares of SPDR Portfolio Short Term Treasury ETF by 17.1% during the 3rd quarter. Fiduciary Group LLC now owns 441,102 shares of the company’s stock worth $12,933,000 after purchasing an additional 64,261 shares in the last quarter. Focus Partners Advisor Solutions LLC raised its position in SPDR Portfolio Short Term Treasury ETF by 199.5% during the third quarter. Focus Partners Advisor Solutions LLC now owns 83,578 shares of the company’s stock valued at $2,446,000 after acquiring an additional 55,668 shares in the last quarter. Finally, Kingsview Wealth Management LLC lifted its position in shares of SPDR Portfolio Short Term Treasury ETF by 1.7% in the third quarter. Kingsview Wealth Management LLC now owns 260,890 shares of the company’s stock worth $7,649,000 after buying an additional 4,365 shares during the last quarter.

SPDR Portfolio Short Term Treasury ETF Trading Up 0.0%

NYSEARCA:SPTS opened at $29.23 on Friday. The firm’s fifty day simple moving average is $29.29 and its 200 day simple moving average is $29.29. SPDR Portfolio Short Term Treasury ETF has a 1 year low of $29.06 and a 1 year high of $29.40. The firm has a market capitalization of $5.55 billion, a PE ratio of -65.00 and a beta of 0.05.

SPDR Portfolio Short Term Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a $0.084 dividend. This represents a c) annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend was Monday, March 2nd. SPDR Portfolio Short Term Treasury ETF’s 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.