SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Sees Unusually-High Trading Volume

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) shares saw unusually-high trading volume on Wednesday . Approximately 8,667,339 shares traded hands during mid-day trading, an increase of 515% from the previous session’s volume of 1,408,712 shares.The stock last traded at $28.95 and had previously closed at $28.92.

SPDR Portfolio Short Term Treasury ETF Stock Performance

The firm has a 50 day moving average price of $28.95 and a 200-day moving average price of $28.87.

Hedge Funds Weigh In On SPDR Portfolio Short Term Treasury ETF

A number of institutional investors have recently made changes to their positions in SPTS. Fisher Asset Management LLC lifted its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 7.0% during the fourth quarter. Fisher Asset Management LLC now owns 44,050,393 shares of the company’s stock valued at $1,279,664,000 after purchasing an additional 2,898,412 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in SPDR Portfolio Short Term Treasury ETF by 1.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 15,565,148 shares of the company’s stock worth $461,507,000 after purchasing an additional 275,105 shares during the last quarter. State Street Corp increased its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 7.4% during the 2nd quarter. State Street Corp now owns 9,370,694 shares of the company’s stock valued at $269,782,000 after acquiring an additional 649,181 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 195.9% during the 1st quarter. Bank of America Corp DE now owns 8,649,592 shares of the company’s stock valued at $252,828,000 after acquiring an additional 5,726,786 shares during the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 6.1% during the 2nd quarter. Royal Bank of Canada now owns 8,103,907 shares of the company’s stock valued at $233,309,000 after acquiring an additional 467,630 shares during the last quarter.

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.