HighTower Advisors LLC Sells 25,459 Shares of SPDR Portfolio Short Term Treasury ETF $SPTS

HighTower Advisors LLC cut its stake in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 1.2% during the third quarter, HoldingsChannel.com reports. The fund owned 2,126,661 shares of the company’s stock after selling 25,459 shares during the quarter. HighTower Advisors LLC’s holdings in SPDR Portfolio Short Term Treasury ETF were worth $62,354,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Great Point Wealth Advisors LLC purchased a new position in SPDR Portfolio Short Term Treasury ETF during the 3rd quarter worth $17,271,000. Acorn Financial Advisory Services Inc. ADV lifted its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 3.4% in the 3rd quarter. Acorn Financial Advisory Services Inc. ADV now owns 1,005,112 shares of the company’s stock worth $29,470,000 after buying an additional 32,992 shares during the period. Intrua Financial LLC bought a new position in shares of SPDR Portfolio Short Term Treasury ETF during the 3rd quarter worth $2,020,000. Blalock Williams LLC purchased a new position in shares of SPDR Portfolio Short Term Treasury ETF during the third quarter valued at $733,000. Finally, Successful Portfolios LLC raised its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 172.9% in the third quarter. Successful Portfolios LLC now owns 41,406 shares of the company’s stock valued at $1,214,000 after acquiring an additional 26,234 shares in the last quarter.

SPDR Portfolio Short Term Treasury ETF Price Performance

NYSEARCA:SPTS opened at $29.35 on Tuesday. SPDR Portfolio Short Term Treasury ETF has a 1-year low of $29.00 and a 1-year high of $29.39. The company has a 50-day moving average of $29.28 and a 200 day moving average of $29.29. The firm has a market cap of $5.58 billion, a PE ratio of -65.26 and a beta of 0.05.

SPDR Portfolio Short Term Treasury ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a $0.1017 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, February 2nd. This is a boost from SPDR Portfolio Short Term Treasury ETF’s previous monthly dividend of $0.09. SPDR Portfolio Short Term Treasury ETF’s dividend payout ratio is currently -257.94%.

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.