SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Sees Large Volume Increase – Should You Buy?

SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) shares saw an uptick in trading volume on Wednesday . 4,590,222 shares traded hands during trading, an increase of 197% from the previous session’s volume of 1,547,658 shares.The stock last traded at $29.08 and had previously closed at $29.05.

SPDR Portfolio Short Term Treasury ETF Trading Up 0.1 %

The company has a 50-day moving average price of $29.17 and a 200-day moving average price of $29.06.

Institutional Investors Weigh In On SPDR Portfolio Short Term Treasury ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC increased its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 1.1% in the second quarter. Kohmann Bosshard Financial Services LLC now owns 36,421 shares of the company’s stock valued at $1,051,000 after buying an additional 391 shares in the last quarter. L.M. Kohn & Company increased its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 0.8% in the third quarter. L.M. Kohn & Company now owns 50,789 shares of the company’s stock valued at $1,494,000 after buying an additional 391 shares in the last quarter. National Bank of Canada FI increased its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 12.1% in the second quarter. National Bank of Canada FI now owns 4,820 shares of the company’s stock valued at $138,000 after buying an additional 519 shares in the last quarter. Bailard Inc. increased its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 0.8% in the second quarter. Bailard Inc. now owns 71,983 shares of the company’s stock valued at $2,078,000 after buying an additional 545 shares in the last quarter. Finally, Pinnacle Wealth Management Group Inc. increased its holdings in shares of SPDR Portfolio Short Term Treasury ETF by 5.0% in the third quarter. Pinnacle Wealth Management Group Inc. now owns 11,463 shares of the company’s stock valued at $337,000 after buying an additional 550 shares in the last quarter.

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.