SPDR Portfolio Short Term Treasury ETF $SPTS is Acorn Financial Advisory Services Inc. ADV’s 6th Largest Position

Acorn Financial Advisory Services Inc. ADV lifted its holdings in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 11.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,302,468 shares of the company’s stock after purchasing 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’s holdings in SPDR Portfolio Short Term Treasury ETF were worth $38,006,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in SPTS. Gradient Investments LLC grew its stake in shares of SPDR Portfolio Short Term Treasury ETF by 4.3% during the fourth quarter. Gradient Investments LLC now owns 582,225 shares of the company’s stock worth $17,048,000 after acquiring an additional 24,040 shares during the last quarter. Evermay Wealth Management LLC raised its position in shares of SPDR Portfolio Short Term Treasury ETF by 5.8% in the 4th quarter. Evermay Wealth Management LLC now owns 2,721,333 shares of the company’s stock valued at $79,681,000 after purchasing an additional 149,931 shares during the last quarter. Dagco Inc. raised its position in shares of SPDR Portfolio Short Term Treasury ETF by 32.5% in the 4th quarter. Dagco Inc. now owns 1,513,995 shares of the company’s stock valued at $44,330,000 after purchasing an additional 371,484 shares during the last quarter. First Affirmative Financial Network boosted its stake in SPDR Portfolio Short Term Treasury ETF by 34.7% in the 3rd quarter. First Affirmative Financial Network now owns 307,054 shares of the company’s stock worth $9,003,000 after purchasing an additional 79,167 shares in the last quarter. Finally, Guild Investment Management Inc. acquired a new stake in SPDR Portfolio Short Term Treasury ETF in the 4th quarter worth approximately $4,538,000.

SPDR Portfolio Short Term Treasury ETF Trading Down 0.1%

NYSEARCA:SPTS opened at $29.01 on Wednesday. SPDR Portfolio Short Term Treasury ETF has a twelve month low of $28.91 and a twelve month high of $29.40. The company has a market cap of $6.02 billion, a PE ratio of -64.51 and a beta of 0.05. The company’s 50 day moving average is $29.03 and its two-hundred day moving average is $29.16.

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.