Merit Financial Group LLC Reduces Stock Position in SPDR Portfolio Short Term Treasury ETF $SPTS

Merit Financial Group LLC lowered its stake in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 16.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 366,209 shares of the company’s stock after selling 69,957 shares during the quarter. Merit Financial Group LLC’s holdings in SPDR Portfolio Short Term Treasury ETF were worth $10,723,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. boosted its holdings in SPDR Portfolio Short Term Treasury ETF by 4.0% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 257,000 shares of the company’s stock worth $7,525,000 after purchasing an additional 10,000 shares during the last quarter. WBH Advisory Inc. boosted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 5.3% during the 4th quarter. WBH Advisory Inc. now owns 164,527 shares of the company’s stock worth $4,817,000 after acquiring an additional 8,328 shares during the last quarter. Great Point Wealth Advisors LLC boosted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 8.5% during the 4th quarter. Great Point Wealth Advisors LLC now owns 639,350 shares of the company’s stock worth $18,720,000 after acquiring an additional 50,286 shares during the last quarter. WorthPointe LLC boosted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 426.5% during the 4th quarter. WorthPointe LLC now owns 536,887 shares of the company’s stock worth $15,720,000 after acquiring an additional 434,911 shares during the last quarter. Finally, XY Planning Network Inc. boosted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 35.4% during the 4th quarter. XY Planning Network Inc. now owns 17,738 shares of the company’s stock worth $519,000 after acquiring an additional 4,635 shares during the last quarter.

SPDR Portfolio Short Term Treasury ETF Price Performance

Shares of SPDR Portfolio Short Term Treasury ETF stock opened at $29.20 on Friday. The company’s fifty day simple moving average is $29.20 and its 200-day simple moving average is $29.26. The stock has a market capitalization of $6.25 billion, a PE ratio of -64.93 and a beta of 0.05. SPDR Portfolio Short Term Treasury ETF has a 1-year low of $29.05 and a 1-year high of $29.40.

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.