Private Advisor Group LLC Has $22.10 Million Stock Position in SPDR Portfolio Short Term Treasury ETF $SPTS

Private Advisor Group LLC lessened its stake in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 15.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 753,621 shares of the company’s stock after selling 138,855 shares during the quarter. Private Advisor Group LLC owned about 0.38% of SPDR Portfolio Short Term Treasury ETF worth $22,096,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Tripletail Wealth Management LLC acquired a new position in SPDR Portfolio Short Term Treasury ETF during the 3rd quarter worth approximately $25,000. Addison Advisors LLC grew its stake in SPDR Portfolio Short Term Treasury ETF by 450.0% in the third quarter. Addison Advisors LLC now owns 858 shares of the company’s stock valued at $25,000 after acquiring an additional 702 shares during the period. Pinnacle Bancorp Inc. grew its stake in 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 valued at $50,000 after acquiring an additional 624 shares during the period. Versant Capital Management Inc bought a new stake in shares of SPDR Portfolio Short Term Treasury ETF during the third quarter valued at approximately $51,000. Finally, Fifth Third Bancorp bought a new stake in shares of SPDR Portfolio Short Term Treasury ETF during the third quarter valued at approximately $97,000.

SPDR Portfolio Short Term Treasury ETF Price Performance

Shares of NYSEARCA:SPTS opened at $29.23 on Tuesday. SPDR Portfolio Short Term Treasury ETF has a twelve month low of $29.06 and a twelve month high of $29.40. The stock’s 50 day moving average is $29.28 and its 200-day moving average is $29.29. The firm has a market capitalization of $5.55 billion, a price-to-earnings ratio of -65.00 and a beta of 0.05.

SPDR Portfolio Short Term Treasury ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.084 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.4%. 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.