Abich Financial Wealth Management LLC Takes $1.32 Million Position in SPDR Portfolio Short Term Treasury ETF $SPTS

Abich Financial Wealth Management LLC acquired a new stake in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 45,037 shares of the company’s stock, valued at approximately $1,320,000. SPDR Portfolio Short Term Treasury ETF comprises about 0.5% of Abich Financial Wealth Management LLC’s holdings, making the stock its 18th largest holding.

A number of other large investors have also recently bought and sold shares of SPTS. State Street Corp grew its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 3.3% during the second quarter. State Street Corp now owns 12,419,060 shares of the company’s stock valued at $363,754,000 after purchasing an additional 400,533 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in SPDR Portfolio Short Term Treasury ETF by 0.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,539,655 shares of the company’s stock worth $162,423,000 after buying an additional 23,320 shares during the last quarter. GLOBALT Investments LLC GA increased its position in SPDR Portfolio Short Term Treasury ETF by 9.6% in the second quarter. GLOBALT Investments LLC GA now owns 4,536,877 shares of the company’s stock worth $132,885,000 after buying an additional 397,817 shares during the period. Members Trust Co increased its position in SPDR Portfolio Short Term Treasury ETF by 46.3% in the second quarter. Members Trust Co now owns 3,388,316 shares of the company’s stock worth $99,244,000 after buying an additional 1,071,568 shares during the period. Finally, Cerity Partners LLC lifted its stake in SPDR Portfolio Short Term Treasury ETF by 0.5% in the third quarter. Cerity Partners LLC now owns 2,781,660 shares of the company’s stock valued at $81,558,000 after buying an additional 13,661 shares during the last quarter.

SPDR Portfolio Short Term Treasury ETF Stock Performance

Shares of SPTS opened at $29.31 on Friday. SPDR Portfolio Short Term Treasury ETF has a 1 year low of $28.97 and a 1 year high of $29.39. The firm has a fifty day moving average of $29.27 and a 200-day moving average of $29.28. The company has a market cap of $5.57 billion, a price-to-earnings ratio of -65.17 and a beta of 0.05.

SPDR Portfolio Short Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a $0.1017 dividend. This is a positive change from SPDR Portfolio Short Term Treasury ETF’s previous monthly dividend of $0.09. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.2%. SPDR Portfolio Short Term Treasury ETF’s payout ratio is currently -257.94%.

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.