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

Concord Asset Management LLC VA grew its position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 3.7% in the 3rd quarter, HoldingsChannel reports. The fund 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 about 5.5% of Concord Asset Management LLC VA’s holdings, making the stock its biggest holding. Concord Asset Management LLC VA’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $30,321,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. First Command Advisory Services Inc. boosted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 706.6% during the third quarter. First Command Advisory Services Inc. now owns 803,793 shares of the company’s stock valued at $24,347,000 after buying an additional 704,139 shares during the last quarter. Bfsg LLC boosted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 118.5% during the 3rd quarter. Bfsg LLC now owns 33,499 shares of the company’s stock worth $1,015,000 after acquiring an additional 18,170 shares during the last quarter. Gilbert Capital Group Inc. bought a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 2nd quarter worth $2,078,000. Intrua Financial LLC purchased a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the third quarter valued at about $861,000. Finally, Arrien Investments Inc. raised its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 186.1% in the third quarter. Arrien Investments Inc. now owns 73,089 shares of the company’s stock valued at $2,214,000 after purchasing an additional 47,540 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

SPDR Portfolio Short Term Corporate Bond ETF stock opened at $30.24 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a fifty-two week low of $29.74 and a fifty-two week high of $30.34. The firm’s 50-day simple moving average is $30.21 and its 200 day simple moving average is $30.22.

SPDR Portfolio Short Term Corporate Bond ETF Cuts Dividend

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

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.