HighTower Advisors LLC Decreases Stock Holdings in SPDR Portfolio Short Term Treasury ETF $SPTS

HighTower Advisors LLC cut its holdings in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 1.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,126,661 shares of the company’s stock after selling 25,459 shares during the quarter. HighTower Advisors LLC owned 1.08% of SPDR Portfolio Short Term Treasury ETF worth $62,354,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of SPTS. Great Point Wealth Advisors LLC bought a new position in SPDR Portfolio Short Term Treasury ETF during the 3rd quarter valued at about $17,271,000. Acorn Financial Advisory Services Inc. ADV lifted its stake in SPDR Portfolio Short Term Treasury ETF by 3.4% in the third quarter. Acorn Financial Advisory Services Inc. ADV now owns 1,005,112 shares of the company’s stock worth $29,470,000 after purchasing an additional 32,992 shares during the last quarter. Intrua Financial LLC purchased a new position in shares of SPDR Portfolio Short Term Treasury ETF during the third quarter valued at approximately $2,020,000. Blalock Williams LLC bought a new position in shares of SPDR Portfolio Short Term Treasury ETF during the third quarter valued at approximately $733,000. Finally, Successful Portfolios LLC raised its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 172.9% in the third quarter. Successful Portfolios LLC now owns 41,406 shares of the company’s stock worth $1,214,000 after buying an additional 26,234 shares during the period.

SPDR Portfolio Short Term Treasury ETF Stock Performance

Shares of SPTS stock opened at $29.35 on Tuesday. The stock has a 50 day moving average price of $29.28 and a 200 day moving average price of $29.29. SPDR Portfolio Short Term Treasury ETF has a 52-week low of $29.00 and a 52-week high of $29.39. The firm has a market capitalization of $5.58 billion, a P/E ratio of -65.26 and a beta of 0.05.

SPDR Portfolio Short Term Treasury ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.1017 per share. This is an increase from SPDR Portfolio Short Term Treasury ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, February 2nd. SPDR Portfolio Short Term Treasury ETF’s payout ratio is presently -257.94%.

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.