State Street SPDR Portfolio Short Term Treasury ETF (SPTS)
SPDR Portfolio Short Term Treasury ETF $SPTS Shares Purchased by Empowered Funds LLC
Empowered Funds LLC boosted its position in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 12.8% during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 247,350 shares of the company's stock after purchasing an additional 28,050 shares during the
SPTS: Duration Again An Unforced Portfolio Error Given Expectations Risks
The State Street SPDR Portfolio Short Trm Treasury ETF is quite short duration but still has an enhancing factor on changes in YTMs in a key horizon that the Fed decisions heavily affect as it concerns Treasury prices. Expectations are climbing, and particularly higher utility, gas, and even shelter prices rising at more than the 3% upper band each will risk entrenching that new normal. The Fed will have to battle that ferociously, irrespective of who holds the Chair, now Warsh, who was chosen by Trump.
Evergreen Capital Management LLC Sells 68,380 Shares of SPDR Portfolio Short Term Treasury ETF $SPTS
Evergreen Capital Management LLC reduced its position in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 8.2% during the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 760,572 shares of the company's stock after selling 68,380 shares during
Assetmark Inc. Sells 53,164 Shares of SPDR Portfolio Short Term Treasury ETF $SPTS
Assetmark Inc. cut its holdings in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 6.7% during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 736,546 shares of the company's stock after selling 53,164 shares during the quarter. Assetmark Inc. owned
SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Sees Large Increase in Short Interest
SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS - Get Free Report) was the recipient of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 2,157,118 shares, an increase of 38.9% from the February 26th total of 1,552,741 shares. Based on an average daily volume
Gradient Investments LLC Raises Stock Holdings in SPDR Portfolio Short Term Treasury ETF $SPTS
Gradient Investments LLC boosted its stake in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 4.3% in the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 582,225 shares of the company's stock after buying an
Fisher Asset Management LLC Sells 20,148 Shares of SPDR Portfolio Short Term Treasury ETF $SPTS
Fisher Asset Management LLC trimmed its holdings in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 13.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 133,147 shares of the company's stock after selling 20,148 shares during the
SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) Hits New 1-Year High – Here’s What Happened
SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS - Get Free Report) hit a new 52-week high on Friday. The stock traded as high as $29.39 and last traded at $29.3850, with a volume of 301370 shares. The stock had previously closed at $29.35. SPDR Portfolio Short Term Treasury ETF Stock Performance The company has
SPTS: January Job Cuts, Limited CPI Gives Space For Growth Mandate Focus And Cuts
State Street SPDR Portfolio Short Term Treasury ETF is attractive given its 1.85-year duration amid easier focus on the growth mandate permitted by lower inflation. SPTS benefits from exposure to short-term rate decisions, avoiding risks tied to long-term USD reserve status and structural uncertainties. With a competitive 0.03% expense ratio, SPTS offers appealing risk-reward versus longer-duration Treasury ETFs.
HHM Wealth Advisors LLC Boosts Stock Holdings in SPDR Portfolio Short Term Treasury ETF $SPTS
HHM Wealth Advisors LLC boosted its position in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 1.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,116,467 shares of the company's stock after purchasing an
Intrua Financial LLC Makes New Investment in SPDR Portfolio Short Term Treasury ETF $SPTS
Intrua Financial LLC bought a new stake in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) in the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 68,908 shares of the company's stock, valued at approximately $2,020,000. A number of
SPDR Portfolio Short Term Treasury ETF $SPTS is Dagco Inc.’s 2nd Largest Position
Dagco Inc. boosted its holdings in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 35.2% during the undefined quarter, according to its most recent 13F filing with the SEC. The fund owned 1,142,511 shares of the company's stock after purchasing an additional 297,434 shares during the period. SPDR Portfolio Short
Dynamic Advisor Solutions LLC Reduces Holdings in SPDR Portfolio Short Term Treasury ETF $SPTS
Dynamic Advisor Solutions LLC reduced its stake in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 31.5% in the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 73,501 shares of the company's stock after selling 33,859 shares during the quarter. Dynamic Advisor Solutions
Gradient Investments LLC Reduces Stock Position in SPDR Portfolio Short Term Treasury ETF $SPTS
Gradient Investments LLC cut its holdings in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 5.4% during the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 558,185 shares of the company's stock after selling 31,846 shares during the quarter. Gradient
Castleark Management LLC Raises Position in SPDR Portfolio Short Term Treasury ETF $SPTS
Castleark Management LLC raised its holdings in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 119.5% during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,334,080 shares of the company's stock after purchasing an additional 726,290 shares
Fisher Asset Management LLC Sells 25,249 Shares of SPDR Portfolio Short Term Treasury ETF $SPTS
Fisher Asset Management LLC lessened its holdings in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 14.1% in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 153,295 shares of the company's stock after selling 25,249 shares during the
SPTS: Short Duration Has Lost Its Edge
The SPDR Portfolio Short Term Treasury ETF is now less attractive as rate cuts are expected to accelerate, reducing its income potential. SPTS's short-duration focus benefited from sticky inflation, but a softening labor market now favors a shift to intermediate-term Treasuries. Given the evolving macro environment, investors may want to favor intermediate-term Treasury ETFs over SPTS for improved yield and risk management.
SPTS: Fed Cut Forecasts Fall But Still Largely Expected
SPTS offers a Treasury portfolio with moderate duration but still has some duration to be sensitive to changes in the forecast Fed rate cut path. Inflation remains above target, with producer prices rising, signaling more inflation is loaded in the chamber. Though a softening labor environment could prevent that inflation from passing on. Yield curve suggests rate cuts are expected within a year, and the FOMC dissent is there, with the growth mandate clearly more on their minds now than before.
SPTS: No Unnecessary Low-Yield And Low-Upside USD Bets
SPDR Portfolio Short Term Treasury ETF offers quite low duration risk and ultra-low fees. Concerns about the USD's reserve currency status, US credit rating downgrades, and foreign selling pressure make Treasuries less attractive amid internal and international political uncertainty. While SPTS is preferable to iShares alternatives for this duration, any unnecessary investment in USD Treasuries is unwise, where there is also little benefit in duration speculation and baseline yield.
SPTS: Inflation Is Still Sticky
SPTS offers exposure to short-term Treasuries that still offer high income, but without the high-interest rate risk that 10-year or 20-year Treasuries represent. The latest CPI report for January is yet another indication that inflation will take time to come down to the Fed's target. With a tight labor market and a strong consumer appetite potentially contributing to sticky inflation, the front end of the curve seems to be offering the most attractive risk/reward ratio.