Mechanics Bank Trust Department Has $4.56 Million Position in SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS)

Mechanics Bank Trust Department trimmed its position in shares of SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS) by 5.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 154,979 shares of the company’s stock after selling 9,181 shares during the quarter. Mechanics Bank Trust Department’s holdings in SPDR Portfolio Short Term Treasury ETF were worth $4,558,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Richardson Financial Services Inc. bought a new stake in shares of SPDR Portfolio Short Term Treasury ETF in the 4th quarter valued at about $53,000. BOKF NA bought a new position in shares of SPDR Portfolio Short Term Treasury ETF during the second quarter worth about $59,000. Northwest Capital Management Inc lifted its stake in shares of 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 worth $65,000 after acquiring an additional 1,700 shares during the period. ICA Group Wealth Management LLC bought a new stake in SPDR Portfolio Short Term Treasury ETF in the fourth quarter valued at approximately $82,000. Finally, Nemes Rush Group LLC increased its position in SPDR Portfolio Short Term Treasury ETF by 148.3% during the 2nd quarter. Nemes Rush Group LLC now owns 3,198 shares of the company’s stock valued at $92,000 after purchasing an additional 1,910 shares during the period.

SPDR Portfolio Short Term Treasury ETF Stock Performance

SPDR Portfolio Short Term Treasury ETF stock opened at $29.20 on Friday. The firm has a 50 day moving average price of $29.29 and a two-hundred day moving average price of $28.99. SPDR Portfolio Short Term Treasury ETF has a 52-week low of $28.60 and a 52-week high of $29.46.

About SPDR Portfolio Short Term Treasury ETF

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.