Gradient Investments LLC Makes New Investment in SPDR Portfolio Short Term Treasury ETF $SPTS

Gradient Investments LLC acquired a new stake in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) in the third quarter, HoldingsChannel reports. The fund acquired 707,671 shares of the company’s stock, valued at approximately $20,289,000.

Several other institutional investors also recently modified their holdings of SPTS. State Street Corp grew its holdings in SPDR Portfolio Short Term Treasury ETF by 9.0% during the second quarter. State Street Corp now owns 13,899,161 shares of the company’s stock worth $403,215,000 after purchasing an additional 1,149,612 shares during the period. Proficio Capital Partners LLC raised its stake in SPDR Portfolio Short Term Treasury ETF by 376.4% in the second quarter. Proficio Capital Partners LLC now owns 6,991,445 shares of the company’s stock valued at $202,822,000 after buying an additional 5,523,850 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of SPDR Portfolio Short Term Treasury ETF by 6.5% in the second quarter. Envestnet Asset Management Inc. now owns 6,091,698 shares of the company’s stock valued at $176,720,000 after buying an additional 371,785 shares during the last quarter. Members Trust Co lifted its position in shares of SPDR Portfolio Short Term Treasury ETF by 7.2% in the first quarter. Members Trust Co now owns 3,770,589 shares of the company’s stock valued at $110,026,000 after buying an additional 251,965 shares during the last quarter. Finally, Financial Solutions Advisory Group Inc. bought a new position in shares of SPDR Portfolio Short Term Treasury ETF during the 1st quarter worth approximately $103,133,000.

SPDR Portfolio Short Term Treasury ETF Stock Up 0.1%

Shares of SPTS stock traded up $0.01 during trading on Thursday, reaching $28.66. 1,021,299 shares of the company’s stock were exchanged, compared to its average volume of 1,961,214. The stock has a market capitalization of $7.14 billion, a PE ratio of -63.74 and a beta of 0.05. SPDR Portfolio Short Term Treasury ETF has a twelve month low of $28.58 and a twelve month high of $29.40. The firm’s fifty day moving average price is $28.82 and its 200-day moving average price is $28.95.

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.