Modern Wealth Management LLC increased its holdings in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS – Free Report) by 174.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 996,838 shares of the company’s stock after buying an additional 633,977 shares during the period. SPDR Portfolio Short Term Treasury ETF comprises about 0.7% of Modern Wealth Management LLC’s holdings, making the stock its 28th largest position. Modern Wealth Management LLC owned about 0.50% of SPDR Portfolio Short Term Treasury ETF worth $29,197,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Trust Co. of Vermont purchased a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the second quarter valued at about $37,000. Richardson Financial Services Inc. increased its stake in shares of SPDR Portfolio Short Term Treasury ETF by 956.4% during the 2nd quarter. Richardson Financial Services Inc. now owns 4,606 shares of the company’s stock worth $134,000 after purchasing an additional 4,170 shares in the last quarter. Tsfg LLC raised its position in shares of SPDR Portfolio Short Term Treasury ETF by 15.8% during the 2nd quarter. Tsfg LLC now owns 4,737 shares of the company’s stock worth $139,000 after purchasing an additional 646 shares during the last quarter. SVB Wealth LLC purchased a new stake in SPDR Portfolio Short Term Treasury ETF in the 1st quarter valued at approximately $149,000. Finally, Natural Investments LLC purchased a new stake in SPDR Portfolio Short Term Treasury ETF in the 2nd quarter valued at approximately $205,000.
SPDR Portfolio Short Term Treasury ETF Stock Performance
Shares of NYSEARCA:SPTS opened at $29.29 on Friday. The business’s fifty day moving average price is $29.31 and its two-hundred day moving average price is $29.25. The stock has a market cap of $5.78 billion, a PE ratio of -65.13 and a beta of 0.05. SPDR Portfolio Short Term Treasury ETF has a one year low of $28.88 and a one year high of $29.39.
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.
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