Breakwater Investment Management Reduces Stock Holdings in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS)

Breakwater Investment Management reduced its holdings in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 9.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,868 shares of the company’s stock after selling 3,099 shares during the period. Breakwater Investment Management’s holdings in SPDR Portfolio Short Term Treasury ETF were worth $833,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. increased its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 36.2% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 43,175 shares of the company’s stock valued at $1,254,000 after acquiring an additional 11,474 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in SPDR Portfolio Short Term Treasury ETF by 1,445.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 397,905 shares of the company’s stock valued at $11,559,000 after purchasing an additional 372,156 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 217.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 8,152 shares of the company’s stock worth $237,000 after buying an additional 5,586 shares during the last quarter. EverSource Wealth Advisors LLC acquired a new stake in shares of SPDR Portfolio Short Term Treasury ETF during the fourth quarter worth $59,000. Finally, Tidemark LLC acquired a new stake in shares of SPDR Portfolio Short Term Treasury ETF during the fourth quarter worth $2,401,000.

SPDR Portfolio Short Term Treasury ETF Price Performance

NYSEARCA SPTS opened at $29.40 on Friday. The stock’s fifty day moving average price is $29.15 and its 200 day moving average price is $28.93. SPDR Portfolio Short Term Treasury ETF has a 1 year low of $28.58 and a 1 year high of $29.41.

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.