SPDR Portfolio Short Term Treasury ETF $SPTS is Merit Financial Group LLC’s 9th Largest Position

Merit Financial Group LLC lifted its stake in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 64.9% in the second quarter, Holdings Channel reports. The institutional investor owned 5,166,476 shares of the company’s stock after buying an additional 2,034,138 shares during the quarter. SPDR Portfolio Short Term Treasury ETF accounts for approximately 1.7% of Merit Financial Group LLC’s portfolio, making the stock its 9th biggest position. Merit Financial Group LLC’s holdings in SPDR Portfolio Short Term Treasury ETF were worth $151,326,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Rossby Financial LCC acquired a new position in SPDR Portfolio Short Term Treasury ETF during the 1st quarter worth $28,000. Columbia River Financial Group LLC bought a new position in shares of SPDR Portfolio Short Term Treasury ETF during the first quarter worth about $35,000. Trust Co. of Vermont acquired a new position in SPDR Portfolio Short Term Treasury ETF in the second quarter worth about $37,000. Elite Financial Inc. acquired a new position in SPDR Portfolio Short Term Treasury ETF in the first quarter worth about $41,000. Finally, Financial Network Wealth Advisors LLC increased its holdings in SPDR Portfolio Short Term Treasury ETF by 49.2% in the first quarter. Financial Network Wealth Advisors LLC now owns 3,637 shares of the company’s stock valued at $106,000 after buying an additional 1,200 shares during the last quarter.

SPDR Portfolio Short Term Treasury ETF Stock Up 0.0%

Shares of NYSEARCA SPTS opened at $29.27 on Friday. The stock’s 50 day moving average price is $29.27 and its two-hundred day moving average price is $29.21. SPDR Portfolio Short Term Treasury ETF has a 52-week low of $28.88 and a 52-week high of $29.39. The stock has a market capitalization of $5.74 billion, a P/E ratio of -65.08 and a beta of 0.01.

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.