SPDR Portfolio Short Term Corporate Bond ETF $SPSB Holdings Lowered by Wrapmanager Inc.

Wrapmanager Inc. cut its holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 28.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 302,492 shares of the company’s stock after selling 122,030 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF accounts for 2.8% of Wrapmanager Inc.’s holdings, making the stock its 10th biggest holding. Wrapmanager Inc.’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $9,162,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Legacy Wealth Management LLC MS boosted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 4.4% during the third quarter. Legacy Wealth Management LLC MS now owns 8,148 shares of the company’s stock valued at $247,000 after buying an additional 342 shares during the last quarter. Aspetuck Financial Management LLC grew its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 0.3% during the second quarter. Aspetuck Financial Management LLC now owns 118,645 shares of the company’s stock valued at $3,582,000 after buying an additional 390 shares during the last quarter. Global Retirement Partners LLC increased its stake in SPDR Portfolio Short Term Corporate Bond ETF by 1.1% in the third quarter. Global Retirement Partners LLC now owns 36,565 shares of the company’s stock worth $1,108,000 after purchasing an additional 413 shares during the period. Orion Capital Management LLC increased its stake in SPDR Portfolio Short Term Corporate Bond ETF by 1.1% in the 3rd quarter. Orion Capital Management LLC now owns 36,642 shares of the company’s stock worth $1,110,000 after buying an additional 416 shares during the period. Finally, AdvisorNet Financial Inc increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 2.8% during the third quarter. AdvisorNet Financial Inc now owns 15,767 shares of the company’s stock worth $478,000 after acquiring an additional 423 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Stock Up 0.0%

Shares of NYSEARCA SPSB opened at $30.32 on Tuesday. The business has a fifty day simple moving average of $30.23 and a two-hundred day simple moving average of $30.23. SPDR Portfolio Short Term Corporate Bond ETF has a twelve month low of $29.74 and a twelve month 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, February 5th. Investors of record on Monday, February 2nd were paid a $0.1079 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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.