MCF Advisors LLC Boosts Stake in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

MCF Advisors LLC lifted its holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 31.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,888,561 shares of the company’s stock after acquiring an additional 691,231 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF accounts for about 5.4% of MCF Advisors LLC’s portfolio, making the stock its 5th biggest holding. MCF Advisors LLC owned approximately 1.08% of SPDR Portfolio Short Term Corporate Bond ETF worth $87,495,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Westfuller Advisors LLC bought a new position in SPDR Portfolio Short Term Corporate Bond ETF in the 3rd quarter worth approximately $27,000. Bessemer Group Inc. purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF during the third quarter valued at $30,000. Smartleaf Asset Management LLC increased its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 2,862.9% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,037 shares of the company’s stock valued at $31,000 after acquiring an additional 1,002 shares during the last quarter. Ameritas Investment Partners Inc. increased its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 88.4% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,905 shares of the company’s stock valued at $58,000 after acquiring an additional 894 shares during the last quarter. Finally, Allworth Financial LP lifted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 65.2% in the 2nd quarter. Allworth Financial LP now owns 2,092 shares of the company’s stock worth $63,000 after purchasing an additional 826 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

Shares of SPDR Portfolio Short Term Corporate Bond ETF stock 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 business has a 50-day moving average price of $30.21 and a 200-day moving average price of $30.22.

SPDR Portfolio Short Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders 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 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.