SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Hits New 1-Year High – Here’s What Happened

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) hit a new 52-week high on Friday . The stock traded as high as $29.39 and last traded at $29.3850, with a volume of 301370 shares. The stock had previously closed at $29.35.

SPDR Portfolio Short Term Treasury ETF Stock Performance

The company has a 50-day simple moving average of $29.28 and a 200-day simple moving average of $29.29. The company has a market cap of $5.58 billion, a price-to-earnings ratio of -65.35 and a beta of 0.05.

SPDR Portfolio Short Term Treasury ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a dividend of $0.1017 per share. The ex-dividend date was Monday, February 2nd. This is an increase 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 currently -257.94%.

Hedge Funds Weigh In On SPDR Portfolio Short Term Treasury ETF

Hedge funds have recently bought and sold shares of the company. Clearstead Advisors LLC boosted its position in SPDR Portfolio Short Term Treasury ETF by 103.6% during the fourth quarter. Clearstead Advisors LLC now owns 837 shares of the company’s stock worth $25,000 after purchasing an additional 426 shares in the last quarter. Tripletail Wealth Management LLC acquired a new position in shares of SPDR Portfolio Short Term Treasury ETF during the 3rd quarter worth $25,000. Addison Advisors LLC boosted its position in shares of SPDR Portfolio Short Term Treasury ETF by 450.0% in the 3rd quarter. Addison Advisors LLC now owns 858 shares of the company’s stock worth $25,000 after buying an additional 702 shares in the last quarter. Private Wealth Asset Management LLC acquired a new stake in SPDR Portfolio Short Term Treasury ETF in the 4th quarter valued at about $26,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in SPDR Portfolio Short Term Treasury ETF during the 4th quarter valued at about $27,000.

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.