Wealth Enhancement Advisory Services LLC Acquires 56,254 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Wealth Enhancement Advisory Services LLC boosted its holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 9.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 659,475 shares of the company’s stock after buying an additional 56,254 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.24% of SPDR Portfolio Short Term Corporate Bond ETF worth $19,936,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in SPSB. Global Retirement Partners LLC purchased a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the 2nd quarter worth about $1,091,000. Ameritas Investment Partners Inc. grew its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 88.4% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,905 shares of the company’s stock valued at $58,000 after buying an additional 894 shares in the last quarter. Steward Partners Investment Advisory LLC grew its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 25.3% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 133,305 shares of the company’s stock valued at $4,024,000 after buying an additional 26,898 shares in the last quarter. XTX Topco Ltd bought a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF during the second quarter valued at about $232,000. Finally, Advisors Asset Management Inc. increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 5.4% during the second quarter. Advisors Asset Management Inc. now owns 27,011 shares of the company’s stock valued at $815,000 after buying an additional 1,387 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

Shares of SPDR Portfolio Short Term Corporate Bond ETF stock opened at $30.01 on Thursday. The company’s 50-day moving average price is $30.20 and its 200-day moving average price is $30.22. SPDR Portfolio Short Term Corporate Bond ETF has a 12-month low of $29.74 and a 12-month high of $30.34.

SPDR Portfolio Short Term Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a $0.1063 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.2%.

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.