Dagco Inc. Acquires 371,484 Shares of SPDR Portfolio Short Term Treasury ETF $SPTS

Dagco Inc. grew its holdings in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 32.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,513,995 shares of the company’s stock after purchasing an additional 371,484 shares during the period. SPDR Portfolio Short Term Treasury ETF makes up about 10.2% of Dagco Inc.’s portfolio, making the stock its biggest position. Dagco Inc. owned about 0.74% of SPDR Portfolio Short Term Treasury ETF worth $44,330,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of SPTS. NewEdge Advisors LLC boosted its stake in SPDR Portfolio Short Term Treasury ETF by 76.2% in the first quarter. NewEdge Advisors LLC now owns 34,757 shares of the company’s stock valued at $1,016,000 after buying an additional 15,030 shares in the last quarter. Jones Financial Companies Lllp raised its stake in SPDR Portfolio Short Term Treasury ETF by 2,864.3% during the first quarter. Jones Financial Companies Lllp now owns 15,118 shares of the company’s stock worth $442,000 after acquiring an additional 14,608 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 129.0% in the first quarter. Goldman Sachs Group Inc. now owns 236,393 shares of the company’s stock worth $6,912,000 after acquiring an additional 133,182 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the 1st quarter valued at approximately $1,606,000. Finally, JPMorgan Chase & Co. grew its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 14.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 597,299 shares of the company’s stock valued at $17,495,000 after purchasing an additional 75,758 shares during the last quarter.

SPDR Portfolio Short Term Treasury ETF Price Performance

SPTS stock opened at $29.10 on Monday. The company has a 50 day simple moving average of $29.27 and a 200 day simple moving average of $29.29. The stock has a market cap of $5.53 billion, a price-to-earnings ratio of -64.71 and a beta of 0.05. SPDR Portfolio Short Term Treasury ETF has a 1 year low of $29.06 and a 1 year high of $29.40.

SPDR Portfolio Short Term Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.084 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Monday, March 2nd. SPDR Portfolio Short Term Treasury ETF’s payout ratio is presently -255.71%.

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.