SPDR Portfolio Short Term Corporate Bond ETF $SPSB Shares Purchased by Advisory Services Network LLC

Advisory Services Network LLC increased its position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 4.6% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 446,824 shares of the company’s stock after purchasing an additional 19,789 shares during the period. Advisory Services Network LLC owned 0.17% of SPDR Portfolio Short Term Corporate Bond ETF worth $13,534,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPSB. JPMorgan Chase & Co. boosted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 28.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 32,109,859 shares of the company’s stock valued at $969,397,000 after buying an additional 7,071,441 shares during the period. Creative Planning raised its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 7.5% during the 3rd quarter. Creative Planning now owns 48,756,348 shares of the company’s stock worth $1,476,830,000 after purchasing an additional 3,401,784 shares during the period. Allstate Corp raised its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 99.4% during the 3rd quarter. Allstate Corp now owns 4,375,565 shares of the company’s stock worth $132,536,000 after purchasing an additional 2,181,050 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 19.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,620,146 shares of the company’s stock worth $139,944,000 after purchasing an additional 741,369 shares during the last quarter. Finally, First Command Advisory Services Inc. lifted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 706.6% in the 3rd quarter. First Command Advisory Services Inc. now owns 803,793 shares of the company’s stock worth $24,347,000 after purchasing an additional 704,139 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Up 0.2%

Shares of NYSEARCA SPSB opened at $30.08 on Wednesday. SPDR Portfolio Short Term Corporate Bond ETF has a 1-year low of $29.74 and a 1-year high of $30.34. The business’s fifty day moving average price is $30.22 and its two-hundred day moving average price is $30.23.

SPDR Portfolio Short Term Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors 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) annualized dividend 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.