Silverlake Wealth Management LLC Buys 58,186 Shares of SPDR Portfolio Short Term Treasury ETF $SPTS

Silverlake Wealth Management LLC increased its stake in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 83.0% in the fourth quarter, HoldingsChannel reports. The firm owned 128,300 shares of the company’s stock after buying an additional 58,186 shares during the period. SPDR Portfolio Short Term Treasury ETF makes up approximately 0.8% of Silverlake Wealth Management LLC’s investment portfolio, making the stock its 20th largest position. Silverlake Wealth Management LLC’s holdings in SPDR Portfolio Short Term Treasury ETF were worth $3,757,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Tripletail Wealth Management LLC bought a new position in SPDR Portfolio Short Term Treasury ETF in the third quarter worth about $25,000. Addison Advisors LLC boosted its holdings 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 valued at $25,000 after buying an additional 702 shares in the last quarter. Advisory Services Network LLC bought a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the 3rd quarter valued at about $41,000. Pinnacle Bancorp Inc. increased 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 valued at $50,000 after acquiring an additional 624 shares during the period. Finally, Versant Capital Management Inc purchased a new position in SPDR Portfolio Short Term Treasury ETF in the 3rd quarter worth $51,000.

SPDR Portfolio Short Term Treasury ETF Stock Up 0.1%

Shares of NYSEARCA SPTS opened at $29.13 on Tuesday. The business’s 50 day moving average price is $29.26 and its 200 day moving average price is $29.29. The firm has a market cap of $5.53 billion, a P/E ratio of -64.77 and a beta of 0.05. SPDR Portfolio Short Term Treasury ETF has a 52 week low of $29.06 and a 52 week high of $29.40.

SPDR Portfolio Short Term Treasury ETF Cuts Dividend

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

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.