142,672 Shares in SPDR Portfolio Short Term Treasury ETF $SPTS Bought by Axiom Financial Strategies LLC

Axiom Financial Strategies LLC purchased a new stake in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 142,672 shares of the company’s stock, valued at approximately $4,183,000. SPDR Portfolio Short Term Treasury ETF comprises 1.8% of Axiom Financial Strategies LLC’s investment portfolio, making the stock its 13th biggest holding. Axiom Financial Strategies LLC owned about 0.07% of SPDR Portfolio Short Term Treasury ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Nemes Rush Group LLC grew its position in SPDR Portfolio Short Term Treasury ETF by 4.1% during the third quarter. Nemes Rush Group LLC now owns 8,773 shares of the company’s stock worth $257,000 after buying an additional 342 shares in the last quarter. Bulltick Wealth Management LLC raised its holdings in SPDR Portfolio Short Term Treasury ETF by 4.6% in the 2nd quarter. Bulltick Wealth Management LLC now owns 9,021 shares of the company’s stock valued at $264,000 after acquiring an additional 400 shares in the last quarter. Parallel Advisors LLC raised 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 valued at $225,000 after acquiring an additional 457 shares in the last quarter. Cornerstone Financial Group LLC NE lifted its position in shares of SPDR Portfolio Short Term Treasury ETF by 3.9% in the 2nd quarter. Cornerstone Financial Group LLC NE now owns 16,291 shares of the company’s stock worth $477,000 after acquiring an additional 609 shares during the period. Finally, Carnegie Investment Counsel lifted its position in shares of SPDR Portfolio Short Term Treasury ETF by 2.3% in the 3rd quarter. Carnegie Investment Counsel now owns 27,469 shares of the company’s stock worth $805,000 after acquiring an additional 609 shares during the period.

SPDR Portfolio Short Term Treasury ETF Trading Up 0.0%

Shares of NYSEARCA:SPTS opened at $29.17 on Friday. The firm has a market capitalization of $5.54 billion, a PE ratio of -64.86 and a beta of 0.05. SPDR Portfolio Short Term Treasury ETF has a 1-year low of $29.06 and a 1-year high of $29.40. The business’s 50 day moving average is $29.28 and its 200-day moving average is $29.29.

SPDR Portfolio Short Term Treasury ETF Cuts Dividend

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

SPDR Portfolio Short Term Treasury ETF 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.