MTC Wealth Management LLC Increases Position in SPDR Portfolio Short Term Treasury ETF $SPTS

MTC Wealth Management LLC boosted its position in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 10.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 308,027 shares of the company’s stock after acquiring an additional 29,040 shares during the period. SPDR Portfolio Short Term Treasury ETF accounts for 4.3% of MTC Wealth Management LLC’s investment portfolio, making the stock its 9th biggest holding. MTC Wealth Management LLC owned approximately 0.15% of SPDR Portfolio Short Term Treasury ETF worth $8,988,000 at the end of the most recent reporting period.

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

SPDR Portfolio Short Term Treasury ETF Trading Up 0.1%

NYSEARCA:SPTS opened at $28.93 on Wednesday. SPDR Portfolio Short Term Treasury ETF has a 1 year low of $28.89 and a 1 year high of $29.40. The firm has a 50 day moving average of $28.98 and a 200-day moving average of $29.14. The stock has a market capitalization of $6.08 billion, a P/E ratio of -64.33 and a beta of 0.05.

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.