Belpointe Asset Management LLC Invests $1.99 Million in SPDR Portfolio Short Term Treasury ETF $SPTS

Belpointe Asset Management LLC purchased a new position in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 68,020 shares of the company’s stock, valued at approximately $1,992,000.

Several other hedge funds have also recently modified their holdings of the business. Nemes Rush Group LLC lifted its position in shares of SPDR Portfolio Short Term Treasury ETF by 4.1% in the 3rd quarter. Nemes Rush Group LLC now owns 8,773 shares of the company’s stock worth $257,000 after purchasing an additional 342 shares during the period. Parallel Advisors LLC lifted its position in shares of 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 worth $225,000 after purchasing an additional 457 shares during the period. Venturi Wealth Management LLC lifted its position in shares of SPDR Portfolio Short Term Treasury ETF by 8.1% in the 4th quarter. Venturi Wealth Management LLC now owns 7,746 shares of the company’s stock worth $227,000 after purchasing an additional 579 shares during the period. 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 purchasing an additional 609 shares during the period. Finally, Pinnacle Bancorp Inc. lifted its position in shares of SPDR Portfolio Short Term Treasury ETF by 57.5% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 1,709 shares of the company’s stock worth $50,000 after purchasing an additional 624 shares during the period.

SPDR Portfolio Short Term Treasury ETF Stock Performance

Shares of SPTS opened at $29.18 on Tuesday. The company has a 50 day moving average price of $29.20 and a 200-day moving average price of $29.26. SPDR Portfolio Short Term Treasury ETF has a fifty-two week low of $29.05 and a fifty-two week high of $29.40. The stock has a market capitalization of $6.21 billion, a PE ratio of -64.88 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.