SPDR Portfolio Short Term Treasury ETF $SPTS Stock Position Increased by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC increased its position in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 5.5% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 486,182 shares of the company’s stock after acquiring an additional 25,145 shares during the period. Kovitz Investment Group Partners LLC’s holdings in SPDR Portfolio Short Term Treasury ETF were worth $14,255,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of SPTS. State Street Corp raised its position in SPDR Portfolio Short Term Treasury ETF by 3.3% in the second quarter. State Street Corp now owns 12,419,060 shares of the company’s stock worth $363,754,000 after acquiring an additional 400,533 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of SPDR Portfolio Short Term Treasury ETF by 0.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,539,655 shares of the company’s stock worth $162,423,000 after purchasing an additional 23,320 shares during the last quarter. Cerity Partners LLC grew its stake in shares of SPDR Portfolio Short Term Treasury ETF by 0.5% in the 3rd quarter. Cerity Partners LLC now owns 2,781,660 shares of the company’s stock worth $81,558,000 after purchasing an additional 13,661 shares during the last quarter. Evermay Wealth Management LLC raised its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 11.1% in the 3rd quarter. Evermay Wealth Management LLC now owns 2,571,402 shares of the company’s stock worth $75,394,000 after purchasing an additional 257,507 shares in the last quarter. Finally, Flputnam Investment Management Co. raised its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 10.9% in the 3rd quarter. Flputnam Investment Management Co. now owns 2,035,594 shares of the company’s stock worth $59,684,000 after purchasing an additional 199,708 shares in the last quarter.

SPDR Portfolio Short Term Treasury ETF Stock Performance

Shares of NYSEARCA:SPTS opened at $29.35 on Tuesday. The stock has a market capitalization of $5.58 billion, a price-to-earnings ratio of -65.26 and a beta of 0.05. SPDR Portfolio Short Term Treasury ETF has a 1-year low of $29.06 and a 1-year high of $29.39. The company has a 50 day moving average price of $29.28 and a 200 day moving average price of $29.29.

SPDR Portfolio Short Term Treasury ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.1017 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.2%. This is a boost from SPDR Portfolio Short Term Treasury ETF’s previous monthly dividend of $0.09. SPDR Portfolio Short Term Treasury ETF’s dividend payout ratio is -257.94%.

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.