SPDR Portfolio Short Term Corporate Bond ETF $SPSB Shares Acquired by Advisory Alpha LLC

Advisory Alpha LLC increased its position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 10.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,235,356 shares of the company’s stock after purchasing an additional 389,790 shares during the quarter. SPDR Portfolio Short Term Corporate Bond ETF makes up 3.6% of Advisory Alpha LLC’s portfolio, making the stock its 6th largest holding. Advisory Alpha LLC owned approximately 1.58% of SPDR Portfolio Short Term Corporate Bond ETF worth $127,958,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. IFG Advisory LLC boosted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 2.7% during the 3rd quarter. IFG Advisory LLC now owns 29,305 shares of the company’s stock valued at $888,000 after acquiring an additional 772 shares in the last quarter. Manske Wealth Management boosted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 1.2% during the third quarter. Manske Wealth Management now owns 85,687 shares of the company’s stock valued at $2,595,000 after purchasing an additional 1,003 shares in the last quarter. Focus Partners Advisor Solutions LLC grew its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 60.9% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 62,211 shares of the company’s stock valued at $1,878,000 after purchasing an additional 23,541 shares during the period. Kingsview Wealth Management LLC raised its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 5.3% in the 3rd quarter. Kingsview Wealth Management LLC now owns 466,205 shares of the company’s stock worth $14,121,000 after buying an additional 23,321 shares in the last quarter. Finally, Staley Capital Advisers Inc. raised its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 7.3% in the 3rd quarter. Staley Capital Advisers Inc. now owns 164,985 shares of the company’s stock worth $4,997,000 after buying an additional 11,235 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Down 0.1%

Shares of SPSB stock opened at $30.16 on Thursday. The stock’s fifty day simple moving average is $30.25 and its 200 day simple moving average is $30.23. SPDR Portfolio Short Term Corporate Bond ETF has a one year low of $29.74 and a one year high of $30.34.

SPDR Portfolio Short Term Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd will be issued a $0.1063 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.2%.

SPDR Portfolio Short Term Corporate Bond ETF Company Profile

The SPDR Portfolio Short Term Corporate Bond ETF (SPSB) is an exchange-traded fund that is based on the Bloomberg Long U.S. Treasury index. The fund tracks a market-value-weighted index of fixed-rate investment-grade nonconvertible US corporate bonds with 1-3 years remaining in maturity. SPSB was launched on Dec 16, 2009 and is managed by State Street.