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SPDR Portfolio Short Term Treasury ETF T.SST.U


Primary Symbol: SPTS

The investment seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg Barclays 1-3 Year U. The fund invests at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of short term (1-3 years) public obligations of the U.S. Treasury.


ARCA:SPTS - Post by User

Post by dfergu7477on Jul 14, 2007 4:59pm
239 Views
Post# 13089661

Front Street has a LOT of shares...

Front Street has a LOT of shares...An April 30th filing on SEDAR says that Front Street Management (FSM) owned 6,197,971 shares and warrants to purchase 3,069,771 shares for their funds, controlling 9,267,742 shares. Including the latest sales (noted in my previous post), they still have control over 8,925,742 shares. Maybe next time FSM wants to sell some shares, they'll talk to Capstone before bombing the market. Capstone intends to maintain their 19.9% ownership of SST, even as SST continues to purchase additional silver streams. If FSM wants to sell... sell to CS! I'll bet CS would protect their SST investment better.
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