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.

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SPDR Portfolio Short Term Treasury ETF

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Post by yoyoyo9992on Sep 10, 2008 12:49pm

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Post# 15445109

looks like stock buyback started today

As of a few days ago, the company had not yet had the account set up to initiate the buyback, so nothing was bought in recent weeks.

Also, per the 8/20 press release, PI Financial will be the broker for the buyback. Well, today for the first time PI (broker 59) appears to be on the bid (just bought some at 1.06), so the buyback looks to have finally started.

In hindsight, I'm glad it took so long to get it going, as in the big picture the lower the price they get, the better it will ultimately be for shareholders.

yoyo

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