SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Sets New 12-Month Low – Time to Sell?

Shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) reached a new 52-week low during trading on Tuesday . The stock traded as low as $29.06 and last traded at $29.08, with a volume of 1027279 shares. The stock had previously closed at $29.13.

SPDR Portfolio Short Term Treasury ETF Trading Down 0.1%

The firm has a market cap of $5.53 billion, a P/E ratio of -64.68 and a beta of 0.05. The business’s fifty day moving average price is $29.26 and its two-hundred day moving average price is $29.29.

SPDR Portfolio Short Term Treasury ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a dividend of $0.084 per share. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Monday, March 2nd. SPDR Portfolio Short Term Treasury ETF’s dividend payout ratio is presently -255.71%.

Institutional Trading of SPDR Portfolio Short Term Treasury ETF

A number of institutional investors and hedge funds have recently made changes to their positions in SPTS. Nemes Rush Group LLC boosted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 4.1% during the 3rd quarter. Nemes Rush Group LLC now owns 8,773 shares of the company’s stock worth $257,000 after acquiring an additional 342 shares in the last quarter. 1620 Investment Advisors Inc. raised its stake in shares of SPDR Portfolio Short Term Treasury ETF by 0.3% in the 4th quarter. 1620 Investment Advisors Inc. now owns 105,913 shares of the company’s stock valued at $3,101,000 after acquiring an additional 368 shares in the last quarter. Clearstead Advisors LLC lifted its holdings in SPDR Portfolio Short Term Treasury ETF by 103.6% in the 4th quarter. Clearstead Advisors LLC now owns 837 shares of the company’s stock worth $25,000 after purchasing an additional 426 shares during the last quarter. Parallel Advisors LLC lifted its holdings in SPDR Portfolio Short Term Treasury ETF by 6.3% in the 3rd quarter. Parallel Advisors LLC now owns 7,676 shares of the company’s stock worth $225,000 after purchasing an additional 457 shares during the last quarter. Finally, Venturi Wealth Management LLC boosted its position in SPDR Portfolio Short Term Treasury ETF by 8.1% during the fourth quarter. Venturi Wealth Management LLC now owns 7,746 shares of the company’s stock worth $227,000 after purchasing an additional 579 shares during the period.

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.