Tandem Investment Partners LLC Has $429,000 Stock Holdings in SPDR Portfolio Short Term Treasury ETF $SPTS

Tandem Investment Partners LLC raised its position in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 20.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,635 shares of the company’s stock after buying an additional 2,493 shares during the period. Tandem Investment Partners LLC’s holdings in SPDR Portfolio Short Term Treasury ETF were worth $429,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of SPTS. Members Trust Co acquired a new stake in shares of SPDR Portfolio Short Term Treasury ETF during the first quarter worth approximately $67,742,000. Evermay Wealth Management LLC increased its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 542.5% during the first quarter. Evermay Wealth Management LLC now owns 2,170,109 shares of the company’s stock worth $63,454,000 after buying an additional 1,832,328 shares in the last quarter. LPL Financial LLC increased its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 16.7% during the first quarter. LPL Financial LLC now owns 7,481,610 shares of the company’s stock worth $218,762,000 after buying an additional 1,071,879 shares in the last quarter. Bank of Nova Scotia increased its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 33.5% during the first quarter. Bank of Nova Scotia now owns 2,069,869 shares of the company’s stock worth $60,505,000 after buying an additional 518,906 shares in the last quarter. Finally, Centric Wealth Management increased its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 1,088.7% during the first quarter. Centric Wealth Management now owns 526,100 shares of the company’s stock worth $15,383,000 after buying an additional 481,843 shares in the last quarter.

SPDR Portfolio Short Term Treasury ETF Trading Up 0.0%

NYSEARCA SPTS opened at $29.27 on Friday. The firm has a market cap of $5.74 billion, a price-to-earnings ratio of -65.08 and a beta of 0.01. The company has a 50 day moving average of $29.27 and a 200-day moving average of $29.21. SPDR Portfolio Short Term Treasury ETF has a 1-year low of $28.88 and a 1-year high of $29.39.

SPDR Portfolio Short Term Treasury ETF 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.