Assetmark Inc. Has $23.15 Million Holdings in SPDR Portfolio Short Term Treasury ETF $SPTS

Assetmark Inc. trimmed its stake in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 45.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 789,710 shares of the company’s stock after selling 665,779 shares during the period. Assetmark Inc. owned about 0.40% of SPDR Portfolio Short Term Treasury ETF worth $23,154,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SPTS. Great Point Wealth Advisors LLC acquired a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the 3rd quarter valued at approximately $17,271,000. Acorn Financial Advisory Services Inc. ADV raised its position in SPDR Portfolio Short Term Treasury ETF by 3.4% during the third quarter. Acorn Financial Advisory Services Inc. ADV now owns 1,005,112 shares of the company’s stock worth $29,470,000 after acquiring an additional 32,992 shares in the last quarter. Intrua Financial LLC acquired a new stake in SPDR Portfolio Short Term Treasury ETF in the third quarter valued at $2,020,000. Blalock Williams LLC bought a new position in shares of SPDR Portfolio Short Term Treasury ETF in the 3rd quarter valued at about $733,000. Finally, Successful Portfolios LLC increased its stake in shares of SPDR Portfolio Short Term Treasury ETF by 172.9% during the 3rd quarter. Successful Portfolios LLC now owns 41,406 shares of the company’s stock worth $1,214,000 after purchasing an additional 26,234 shares during the last quarter.

SPDR Portfolio Short Term Treasury ETF Stock Performance

Shares of SPTS stock opened at $29.35 on Friday. The stock has a market cap of $5.58 billion, a price-to-earnings ratio of -65.26 and a beta of 0.05. SPDR Portfolio Short Term Treasury ETF has a 52-week low of $29.00 and a 52-week high of $29.39. The firm’s 50-day moving average is $29.27 and its 200-day moving average is $29.28.

SPDR Portfolio Short Term Treasury ETF Increases Dividend

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

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.