Sanctuary Advisors LLC Invests $801,000 in SPDR Portfolio Short Term Treasury ETF

Sanctuary Advisors LLC has made a significant investment in the SPDR Portfolio Short Term Treasury ETF (NYSEARCA:SPTS). During the second quarter of the year, the firm disclosed to the Securities and Exchange Commission (SEC) that it acquired 27,888 shares of the ETF, amounting to approximately $801,000.

This move reflects a growing interest among institutional investors in the SPDR Portfolio Short Term Treasury ETF. Notably, several other firms have also adjusted their stakes in this fund. For instance, Truist Financial Corp increased its holdings by 25.4% during the same period, bringing its total ownership to 1,672,073 shares valued at around $48.3 million after purchasing an additional 338,637 shares last quarter.

In addition, B. Riley Wealth Advisors Inc. made a new investment worth $647,000 in the SPDR Portfolio Short Term Treasury ETF. Creative Planning also expanded its position, enhancing its investment by 23.4%. After acquiring an additional 7,190 shares, its total shares in the ETF are now 37,974, which have a valuation of about $1.1 million.

Another notable investment came from Nemes Rush Group LLC, which raised its holdings by an impressive 148.3% in the second quarter, now owning 3,198 shares valued at $92,000 following its purchase of 1,910 additional shares. Similarly, Abich Financial Wealth Management LLC increased its stake by 44.9%, now holding 9,569 shares valued at $276,000 after buying 2,963 shares during that quarter.

Performance of the SPDR Portfolio Short Term Treasury ETF

The SPDR Portfolio Short Term Treasury ETF has shown some notable price movements. As of the last trading session, its shares opened at $29.20. It has a fifty-day moving average price of about $29.29 and a 200-day moving average at $28.99. The ETF recorded a one-year low of $28.60 and a one-year high of $29.46, indicating a relatively stable performance within this period.

About SPDR Portfolio Short Term Treasury ETF

The SPDR Portfolio Short Term Treasury ETF is specifically focused on investment-grade fixed income securities. It tracks a market-value-weighted index of U.S. Treasury securities that have remaining maturities between 1 and 3 years. This ETF was launched on November 30, 2011, and is managed by State Street, providing a comprehensive investment option for those interested in short-term government debt.

investment, ETF, Treasury