Independence Wealth Advisors LLC Acquires 1,054,677 Shares of SPDR Portfolio Short Term Treasury ETF $SPTS

Independence Wealth Advisors LLC boosted its holdings in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 1,084.0% in the 1st quarter, Holdings Channel reports. The firm owned 1,151,974 shares of the company’s stock after purchasing an additional 1,054,677 shares during the period. SPDR Portfolio Short Term Treasury ETF accounts for about 17.9% of Independence Wealth Advisors LLC’s investment portfolio, making the stock its biggest holding. Independence Wealth Advisors LLC’s holdings in SPDR Portfolio Short Term Treasury ETF were worth $33,615,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Clearstead Advisors LLC grew its position in SPDR Portfolio Short Term Treasury ETF by 103.6% during the 4th quarter. Clearstead Advisors LLC now owns 837 shares of the company’s stock worth $25,000 after purchasing an additional 426 shares during the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the fourth quarter valued at about $25,000. Private Wealth Asset Management LLC purchased a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the fourth quarter valued at about $26,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of SPDR Portfolio Short Term Treasury ETF during the fourth quarter worth about $27,000. Finally, Manchester Capital Management LLC acquired a new stake in shares of SPDR Portfolio Short Term Treasury ETF during the fourth quarter worth about $36,000.

SPDR Portfolio Short Term Treasury ETF Stock Up 0.1%

NYSEARCA SPTS opened at $28.99 on Thursday. The firm has a market cap of $6.02 billion, a P/E ratio of -64.46 and a beta of 0.05. SPDR Portfolio Short Term Treasury ETF has a 52-week low of $28.91 and a 52-week high of $29.40. The business’s 50-day moving average price is $29.04 and its 200 day moving average price is $29.17.

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.