Northwestern Mutual Wealth Management Co. Reduces Holdings in SPDR Portfolio Short Term Treasury ETF $SPTS

Northwestern Mutual Wealth Management Co. lowered its position in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 50.5% during the fourth quarter, HoldingsChannel reports. The firm owned 73,081 shares of the company’s stock after selling 74,701 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in SPDR Portfolio Short Term Treasury ETF were worth $2,140,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Addison Advisors LLC raised its stake in shares of SPDR Portfolio Short Term Treasury ETF by 450.0% during the third quarter. Addison Advisors LLC now owns 858 shares of the company’s stock valued at $25,000 after purchasing an additional 702 shares during the period. Clearstead Advisors LLC lifted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 103.6% in the fourth quarter. Clearstead Advisors LLC now owns 837 shares of the company’s stock worth $25,000 after acquiring an additional 426 shares in the last quarter. Advisory Services Network LLC acquired a new position in shares of SPDR Portfolio Short Term Treasury ETF in the third quarter worth about $41,000. SBI Securities Co. Ltd. lifted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 52.3% in the fourth quarter. SBI Securities Co. Ltd. now owns 1,806 shares of the company’s stock worth $53,000 after acquiring an additional 620 shares in the last quarter. Finally, Moisand Fitzgerald Tamayo LLC lifted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 40.8% in the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 2,162 shares of the company’s stock worth $63,000 after acquiring an additional 626 shares in the last quarter.

SPDR Portfolio Short Term Treasury ETF Stock Performance

NYSEARCA:SPTS opened at $28.93 on Friday. SPDR Portfolio Short Term Treasury ETF has a one year low of $28.91 and a one year high of $29.40. The business’s 50-day simple moving average is $29.08 and its 200 day simple moving average is $29.20. The stock has a market cap of $6.00 billion, a price-to-earnings ratio of -64.33 and a beta of 0.05.

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.