Western Wealth Management LLC Acquires 19,812 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Western Wealth Management LLC increased its holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 47.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 61,999 shares of the company’s stock after purchasing an additional 19,812 shares during the period. Western Wealth Management LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $1,878,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. CWM LLC lifted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 8.6% during the 2nd quarter. CWM LLC now owns 717,251 shares of the company’s stock worth $21,654,000 after buying an additional 57,005 shares during the period. MGO One Seven LLC boosted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 20.7% in the 2nd quarter. MGO One Seven LLC now owns 17,715 shares of the company’s stock worth $535,000 after acquiring an additional 3,041 shares in the last quarter. Concord Asset Management LLC VA grew its position in SPDR Portfolio Short Term Corporate Bond ETF by 6.1% during the 2nd quarter. Concord Asset Management LLC VA now owns 965,630 shares of the company’s stock worth $29,152,000 after acquiring an additional 55,640 shares during the last quarter. RFG Advisory LLC grew its position in SPDR Portfolio Short Term Corporate Bond ETF by 35.4% during the 2nd quarter. RFG Advisory LLC now owns 397,388 shares of the company’s stock worth $11,997,000 after acquiring an additional 103,868 shares during the last quarter. Finally, Courier Capital LLC increased its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 6.6% during the 2nd quarter. Courier Capital LLC now owns 226,869 shares of the company’s stock valued at $6,849,000 after purchasing an additional 14,115 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

Shares of SPSB stock opened at $30.26 on Tuesday. SPDR Portfolio Short Term Corporate Bond ETF has a 52 week low of $29.74 and a 52 week high of $30.34. The stock’s fifty day moving average is $30.22 and its 200-day moving average is $30.22.

SPDR Portfolio Short Term Corporate Bond ETF Cuts Dividend

The business also recently announced 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 dividend 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.