SPDR Portfolio Short Term Treasury ETF Price & Performance (SPTS)

Bank of New York Mellon Corp reduced its stake in SPDR Portfolio Short Term Corporate Bond ETF (SPSB) by 36.2% during the fourth quarter. The institution sold 659,395 shares, now holding 1,163,725 shares valued at $34.75 million. Other funds have also shown shifts in SPSB investments recently.1

Amid market volatility, cash-like ETFs such as SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) and iShares 0-3 Month Treasury Bond ETF (SGOV) attracted significant inflows. BIL gained $1.1 billion in a single day, while SGOV saw $7 billion this year, reflecting demand for low-risk, short-term investments.23

Short-term bond funds, including SPDR Portfolio Short Term Corporate Bond ETF, are drawing attention as Federal Reserve rate hikes ease. These funds offer lower volatility and attractive yields, making them suitable for short-term goals. Investors are increasingly choosing these funds for stability and moderate returns.45