Centric Wealth Management Decreases Position in SPDR Portfolio Short Term Treasury ETF $SPTS

Centric Wealth Management decreased its holdings in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 68.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 168,504 shares of the company’s stock after selling 357,596 shares during the period. SPDR Portfolio Short Term Treasury ETF comprises approximately 1.2% of Centric Wealth Management’s portfolio, making the stock its 17th largest position. Centric Wealth Management’s holdings in SPDR Portfolio Short Term Treasury ETF were worth $4,922,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of SPTS. Trust Co. of Vermont purchased a new position in SPDR Portfolio Short Term Treasury ETF in the second quarter valued at $37,000. Financial Network Wealth Advisors LLC raised its position in SPDR Portfolio Short Term Treasury ETF by 49.2% in the 1st quarter. Financial Network Wealth Advisors LLC now owns 3,637 shares of the company’s stock valued at $106,000 after purchasing an additional 1,200 shares in the last quarter. Richardson Financial Services Inc. raised its position in SPDR Portfolio Short Term Treasury ETF by 956.4% in the 2nd quarter. Richardson Financial Services Inc. now owns 4,606 shares of the company’s stock valued at $134,000 after purchasing an additional 4,170 shares in the last quarter. Tsfg LLC boosted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 15.8% in the 2nd quarter. Tsfg LLC now owns 4,737 shares of the company’s stock valued at $139,000 after buying an additional 646 shares during the period. Finally, SVB Wealth LLC acquired a new position in shares of SPDR Portfolio Short Term Treasury ETF during the first quarter worth about $149,000.

SPDR Portfolio Short Term Treasury ETF Stock Performance

SPTS stock opened at $29.35 on Friday. The company’s 50 day moving average price is $29.31 and its 200 day moving average price is $29.23. The firm has a market capitalization of $5.80 billion, a price-to-earnings ratio of -65.26 and a beta of 0.05. SPDR Portfolio Short Term Treasury ETF has a fifty-two week low of $28.88 and a fifty-two week high of $29.39.

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.