Acorn Financial Advisory Services Inc. ADV Increases Stock Holdings in SPDR Portfolio Short Term Treasury ETF $SPTS

Acorn Financial Advisory Services Inc. ADV grew its stake in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 11.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,302,468 shares of the company’s stock after acquiring an additional 134,514 shares during the quarter. SPDR Portfolio Short Term Treasury ETF comprises about 5.2% of Acorn Financial Advisory Services Inc. ADV’s portfolio, making the stock its 6th biggest position. Acorn Financial Advisory Services Inc. ADV owned approximately 0.62% of SPDR Portfolio Short Term Treasury ETF worth $38,006,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Impact Partnership Wealth LLC boosted its position in SPDR Portfolio Short Term Treasury ETF by 7.1% during the first quarter. Impact Partnership Wealth LLC now owns 999,047 shares of the company’s stock valued at $29,152,000 after purchasing an additional 65,868 shares in the last quarter. OakTrust Wealth Advisors LLC raised its holdings in SPDR Portfolio Short Term Treasury ETF by 2.9% in the first quarter. OakTrust Wealth Advisors LLC now owns 498,450 shares of the company’s stock worth $14,545,000 after purchasing an additional 14,028 shares in the last quarter. Private Wealth Group LLC lifted its position in shares of SPDR Portfolio Short Term Treasury ETF by 6.6% during the first quarter. Private Wealth Group LLC now owns 431,056 shares of the company’s stock valued at $12,578,000 after buying an additional 26,514 shares during the last quarter. Continuum Advisory LLC lifted its position in shares of SPDR Portfolio Short Term Treasury ETF by 21.6% during the first quarter. Continuum Advisory LLC now owns 50,925 shares of the company’s stock valued at $1,486,000 after buying an additional 9,038 shares during the last quarter. Finally, Vicus Capital lifted its position in shares of SPDR Portfolio Short Term Treasury ETF by 12.7% during the first quarter. Vicus Capital now owns 51,543 shares of the company’s stock valued at $1,504,000 after buying an additional 5,808 shares during the last quarter.

SPDR Portfolio Short Term Treasury ETF Stock Performance

NYSEARCA:SPTS opened at $29.01 on Wednesday. The company’s 50-day simple moving average is $29.03 and its 200-day simple moving average is $29.16. SPDR Portfolio Short Term Treasury ETF has a fifty-two week low of $28.91 and a fifty-two week high of $29.40. The stock has a market capitalization of $6.02 billion, a P/E ratio of -64.51 and a beta of 0.05.

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.