Private Advisor Group LLC Cuts Stake in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Private Advisor Group LLC cut its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 23.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 375,212 shares of the company’s stock after selling 115,717 shares during the quarter. Private Advisor Group LLC owned about 0.14% of SPDR Portfolio Short Term Corporate Bond ETF worth $11,365,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of SPSB. Westfuller Advisors LLC purchased a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the 3rd quarter valued at about $27,000. Bessemer Group Inc. bought a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the 3rd quarter valued at about $30,000. Smartleaf Asset Management LLC raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 2,862.9% in the third quarter. Smartleaf Asset Management LLC now owns 1,037 shares of the company’s stock worth $31,000 after buying an additional 1,002 shares during the last quarter. AlphaCore Capital LLC purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF in the third quarter worth about $37,000. Finally, Ameritas Investment Partners Inc. lifted its stake in shares of 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 worth $58,000 after buying an additional 894 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Trading Down 0.1%

NYSEARCA:SPSB opened at $30.11 on Thursday. The company’s 50 day moving average price is $30.24 and its 200-day moving average price is $30.23. SPDR Portfolio Short Term Corporate Bond ETF has a 52 week low of $29.74 and a 52 week high of $30.34.

SPDR Portfolio Short Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a $0.1063 dividend. 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.