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

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

SPDR Portfolio Short Term Treasury ETF Stock Performance

The company’s 50-day moving average price is $29.28 and its 200 day moving average price is $29.29. The stock has a market cap of $5.58 billion, a PE ratio of -65.34 and a beta of 0.05.

SPDR Portfolio Short Term Treasury ETF Increases Dividend

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

Institutional Trading of SPDR Portfolio Short Term Treasury ETF

Institutional investors and hedge funds have recently modified their holdings of the company. OakTrust Wealth Advisors LLC bought a new position in shares of SPDR Portfolio Short Term Treasury ETF in the fourth quarter worth about $14,184,000. BDFS Capital LLC purchased a new position in shares of SPDR Portfolio Short Term Treasury ETF in the fourth quarter worth $334,000. DGS Capital Management LLC boosted its position in shares of SPDR Portfolio Short Term Treasury ETF by 3.2% during the fourth quarter. DGS Capital Management LLC now owns 270,890 shares of the company’s stock worth $7,932,000 after acquiring an additional 8,455 shares during the last quarter. Ameriflex Group Inc. purchased a new position in SPDR Portfolio Short Term Treasury ETF during the fourth quarter valued at $40,000. Finally, Mercer Global Advisors Inc. ADV increased its holdings in SPDR Portfolio Short Term Treasury ETF by 4.6% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 418,791 shares of the company’s stock valued at $12,262,000 after acquiring an additional 18,423 shares during the last quarter.

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.