PNC Financial Services Group Inc. Buys 103,323 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB

PNC Financial Services Group Inc. boosted its stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 5.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,975,232 shares of the company’s stock after buying an additional 103,323 shares during the period. PNC Financial Services Group Inc. owned 0.74% of SPDR Portfolio Short Term Corporate Bond ETF worth $59,830,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of SPSB. First Command Advisory Services Inc. raised its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 706.6% in the 3rd quarter. First Command Advisory Services Inc. now owns 803,793 shares of the company’s stock worth $24,347,000 after purchasing an additional 704,139 shares during the last quarter. Bfsg LLC increased its stake 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 valued at $1,015,000 after purchasing an additional 18,170 shares in the last quarter. Gilbert Capital Group Inc. purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF in the second quarter worth about $2,078,000. Intrua Financial LLC bought a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the third quarter worth approximately $861,000. Finally, Atria Investments Inc lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 29.3% in the third quarter. Atria Investments Inc now owns 544,819 shares of the company’s stock worth $16,503,000 after buying an additional 123,621 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

Shares of SPSB opened at $30.29 on Tuesday. The firm has a 50 day moving average of $30.22 and a 200 day moving average of $30.22. 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 announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.1079 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date was Monday, February 2nd.

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.