Gradient Investments LLC Reduces Stock Position in SPDR Portfolio Short Term Treasury ETF $SPTS

Gradient Investments LLC cut its holdings in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 5.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 558,185 shares of the company’s stock after selling 31,846 shares during the quarter. Gradient Investments LLC owned approximately 0.28% of SPDR Portfolio Short Term Treasury ETF worth $16,366,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Trust Co. of Vermont bought a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the 2nd quarter worth approximately $37,000. Beacon Capital Management Inc. bought a new position in shares of SPDR Portfolio Short Term Treasury ETF during the second quarter valued at approximately $126,000. Richardson Financial Services Inc. lifted its stake in SPDR Portfolio Short Term Treasury ETF by 956.4% in the second quarter. Richardson Financial Services Inc. now owns 4,606 shares of the company’s stock worth $134,000 after acquiring an additional 4,170 shares during the period. Tsfg LLC boosted its holdings in SPDR Portfolio Short Term Treasury ETF by 15.8% in the second quarter. Tsfg LLC now owns 4,737 shares of the company’s stock valued at $139,000 after acquiring an additional 646 shares in the last quarter. Finally, SVB Wealth LLC purchased a new position in SPDR Portfolio Short Term Treasury ETF during the 1st quarter valued at $149,000.

SPDR Portfolio Short Term Treasury ETF Trading Up 0.0%

Shares of NYSEARCA SPTS opened at $29.32 on Wednesday. The firm has a fifty day simple moving average of $29.31 and a two-hundred day simple moving average of $29.25. SPDR Portfolio Short Term Treasury ETF has a 12 month low of $28.88 and a 12 month high of $29.39. The firm has a market capitalization of $5.79 billion, a PE ratio of -65.20 and a beta of 0.05.

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.