SPDR Portfolio Short Term Treasury ETF $SPTS Shares Purchased by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. increased its stake in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 12.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 319,665 shares of the company’s stock after buying an additional 35,446 shares during the period. PNC Financial Services Group Inc. owned about 0.16% of SPDR Portfolio Short Term Treasury ETF worth $9,373,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in SPTS. Great Point Wealth Advisors LLC acquired a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the third quarter valued at approximately $17,271,000. Acorn Financial Advisory Services Inc. ADV lifted its stake in 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 valued at $29,470,000 after buying an additional 32,992 shares in the last quarter. Intrua Financial LLC purchased a new stake in SPDR Portfolio Short Term Treasury ETF in the 3rd quarter valued at approximately $2,020,000. Blalock Williams LLC acquired a new stake in SPDR Portfolio Short Term Treasury ETF during the 3rd quarter valued at $733,000. Finally, Successful Portfolios LLC increased its position in SPDR Portfolio Short Term Treasury ETF by 172.9% during the third quarter. Successful Portfolios LLC now owns 41,406 shares of the company’s stock worth $1,214,000 after buying an additional 26,234 shares in the last quarter.

SPDR Portfolio Short Term Treasury ETF Stock Down 0.0%

NYSEARCA SPTS opened at $29.31 on Thursday. SPDR Portfolio Short Term Treasury ETF has a fifty-two week low of $29.00 and a fifty-two week high of $29.39. The business has a fifty day moving average of $29.28 and a 200-day moving average of $29.29. The stock has a market cap of $5.57 billion, a price-to-earnings ratio of -65.17 and a beta of 0.05.

SPDR Portfolio Short Term Treasury ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a $0.1017 dividend. This is a positive change from SPDR Portfolio Short Term Treasury ETF’s previous monthly dividend of $0.09. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.2%. SPDR Portfolio Short Term Treasury ETF’s 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.