Cullen Frost Bankers Inc. Makes New $10.34 Million Investment in SPDR Portfolio Short Term Treasury ETF $SPTS

Cullen Frost Bankers Inc. purchased a new position in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 353,284 shares of the company’s stock, valued at approximately $10,344,000. Cullen Frost Bankers Inc. owned 0.19% of SPDR Portfolio Short Term Treasury ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Addison Advisors LLC grew its position in SPDR Portfolio Short Term Treasury ETF by 450.0% during the 3rd quarter. Addison Advisors LLC now owns 858 shares of the company’s stock worth $25,000 after purchasing an additional 702 shares during the period. Advisory Services Network LLC acquired a new stake in SPDR Portfolio Short Term Treasury ETF during the 3rd quarter worth about $41,000. SBI Securities Co. Ltd. grew its position in SPDR Portfolio Short Term Treasury ETF by 52.3% during the 4th quarter. SBI Securities Co. Ltd. now owns 1,806 shares of the company’s stock worth $53,000 after purchasing an additional 620 shares during the period. Moisand Fitzgerald Tamayo LLC grew its position in SPDR Portfolio Short Term Treasury ETF by 40.8% during the 4th quarter. Moisand Fitzgerald Tamayo LLC now owns 2,162 shares of the company’s stock worth $63,000 after purchasing an additional 626 shares during the period. Finally, Fifth Third Bancorp acquired a new stake in SPDR Portfolio Short Term Treasury ETF during the 3rd quarter worth about $97,000.

SPDR Portfolio Short Term Treasury ETF Stock Performance

Shares of SPTS opened at $29.02 on Thursday. The business’s 50-day moving average is $29.11 and its two-hundred day moving average is $29.22. The company has a market capitalization of $6.02 billion, a P/E ratio of -64.53 and a beta of 0.05. SPDR Portfolio Short Term Treasury ETF has a fifty-two week low of $28.96 and a fifty-two week high of $29.40.

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.