Merit Financial Group LLC Boosts Stake in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS)

Merit Financial Group LLC lifted its position in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 33.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,692,109 shares of the company’s stock after acquiring an additional 668,963 shares during the period. SPDR Portfolio Short Term Treasury ETF accounts for approximately 1.4% of Merit Financial Group LLC’s investment portfolio, making the stock its 14th biggest holding. Merit Financial Group LLC’s holdings in SPDR Portfolio Short Term Treasury ETF were worth $78,098,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fortitude Family Office LLC acquired a new stake in SPDR Portfolio Short Term Treasury ETF during the 3rd quarter valued at approximately $47,000. Northwest Capital Management Inc boosted its holdings in SPDR Portfolio Short Term Treasury ETF by 327.6% in the third quarter. Northwest Capital Management Inc now owns 2,219 shares of the company’s stock valued at $65,000 after purchasing an additional 1,700 shares during the last quarter. Blue Trust Inc. grew its position in SPDR Portfolio Short Term Treasury ETF by 132.6% during the 3rd quarter. Blue Trust Inc. now owns 3,100 shares of the company’s stock worth $89,000 after purchasing an additional 1,767 shares during the period. Peterson Financial Group Inc. purchased a new position in shares of SPDR Portfolio Short Term Treasury ETF during the 3rd quarter valued at about $91,000. Finally, Nemes Rush Group LLC boosted its stake in shares of SPDR Portfolio Short Term Treasury ETF by 148.3% in the second quarter. Nemes Rush Group LLC now owns 3,198 shares of the company’s stock worth $92,000 after buying an additional 1,910 shares during the last quarter.

SPDR Portfolio Short Term Treasury ETF Price Performance

SPDR Portfolio Short Term Treasury ETF stock opened at $29.02 on Friday. The business’s 50-day moving average price is $29.00 and its 200 day moving average price is $29.11. SPDR Portfolio Short Term Treasury ETF has a 52 week low of $28.62 and a 52 week high of $29.46.

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.