Focus Partners Advisor Solutions LLC Boosts Stock Position in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Focus Partners Advisor Solutions LLC increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 60.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 62,211 shares of the company’s stock after acquiring an additional 23,541 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $1,878,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in SPSB. Westfuller Advisors LLC purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF in the 3rd quarter valued at approximately $27,000. Bessemer Group Inc. purchased a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF during the 3rd quarter worth $30,000. Smartleaf Asset Management LLC grew its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 2,862.9% during the third quarter. Smartleaf Asset Management LLC now owns 1,037 shares of the company’s stock worth $31,000 after purchasing an additional 1,002 shares in the last quarter. AlphaCore Capital LLC purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF in the third quarter valued at $37,000. Finally, Ameritas Investment Partners Inc. raised its stake in SPDR Portfolio Short Term Corporate Bond ETF by 88.4% in the second quarter. Ameritas Investment Partners Inc. now owns 1,905 shares of the company’s stock valued at $58,000 after buying an additional 894 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Down 0.0%

Shares of NYSEARCA SPSB opened at $30.15 on Friday. The business has a 50-day moving average of $30.24 and a two-hundred day moving average of $30.23. SPDR Portfolio Short Term Corporate Bond ETF has a 1 year low of $29.74 and a 1 year high of $30.34.

SPDR Portfolio Short Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.1063 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.2%.

About SPDR Portfolio Short Term Corporate Bond ETF

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.