45,037 Shares in SPDR Portfolio Short Term Treasury ETF $SPTS Acquired by Abich Financial Wealth Management LLC

Abich Financial Wealth Management LLC acquired a new position in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 45,037 shares of the company’s stock, valued at approximately $1,320,000. SPDR Portfolio Short Term Treasury ETF accounts for approximately 0.5% of Abich Financial Wealth Management LLC’s holdings, making the stock its 18th biggest holding.

A number of other hedge funds also recently modified their holdings of the business. Tripletail Wealth Management LLC acquired a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the third quarter worth $25,000. Pinnacle Bancorp Inc. boosted its position in SPDR Portfolio Short Term Treasury ETF by 57.5% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 1,709 shares of the company’s stock worth $50,000 after acquiring an additional 624 shares during the period. Versant Capital Management Inc purchased a new position in SPDR Portfolio Short Term Treasury ETF during the 3rd quarter valued at about $51,000. Beacon Capital Management Inc. purchased a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the second quarter worth approximately $126,000. Finally, ORG Partners LLC purchased a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the third quarter worth approximately $129,000.

SPDR Portfolio Short Term Treasury ETF Stock Performance

SPTS stock opened at $29.31 on Friday. The firm has a 50 day simple moving average of $29.27 and a 200 day simple moving average of $29.28. SPDR Portfolio Short Term Treasury ETF has a 52 week low of $28.97 and a 52 week high of $29.39. The stock has a market cap of $5.57 billion, a P/E ratio of -65.17 and a beta of 0.05.

SPDR Portfolio Short Term Treasury ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.1017 per share. 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. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. SPDR Portfolio Short Term Treasury ETF’s dividend payout ratio (DPR) is -257.94%.

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.