SPDR Portfolio Short Term Corporate Bond ETF $SPSB Shares Bought by Concord Asset Management LLC VA

Concord Asset Management LLC VA boosted its position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 3.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,001,020 shares of the company’s stock after buying an additional 35,390 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF makes up 5.5% of Concord Asset Management LLC VA’s holdings, making the stock its biggest holding. Concord Asset Management LLC VA owned about 0.37% of SPDR Portfolio Short Term Corporate Bond ETF worth $30,321,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of SPSB. Westfuller Advisors LLC bought a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 3rd quarter worth about $27,000. Bessemer Group Inc. acquired a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the third quarter worth approximately $30,000. Ameritas Investment Partners Inc. increased its holdings 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 worth $58,000 after purchasing an additional 894 shares in the last quarter. Allworth Financial LP lifted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 65.2% in the second quarter. Allworth Financial LP now owns 2,092 shares of the company’s stock valued at $63,000 after buying an additional 826 shares during the period. Finally, Root Financial Partners LLC acquired a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF during the 3rd quarter worth approximately $71,000.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

NYSEARCA:SPSB opened at $30.24 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a twelve month low of $29.74 and a twelve month high of $30.34. The company has a fifty day moving average of $30.21 and a 200-day moving average of $30.22.

SPDR Portfolio Short Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.1079 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.3%.

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.