Vestmark Advisory Solutions Inc. Invests $6.57 Million in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Vestmark Advisory Solutions Inc. acquired a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 216,768 shares of the company’s stock, valued at approximately $6,566,000.

A number of other institutional investors also recently bought and sold shares of the stock. Leavell Investment Management Inc. purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the second quarter worth $298,000. McCarthy Asset Management Inc. grew its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 13.0% during the second quarter. McCarthy Asset Management Inc. now owns 881,003 shares of the company’s stock valued at $26,597,000 after buying an additional 101,286 shares during the last quarter. New Hampshire Trust increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 17.3% in the 2nd quarter. New Hampshire Trust now owns 14,435 shares of the company’s stock valued at $436,000 after acquiring an additional 2,124 shares during the period. First Command Advisory Services Inc. raised its stake in SPDR Portfolio Short Term Corporate Bond ETF by 14.9% in the 2nd quarter. First Command Advisory Services Inc. now owns 99,654 shares of the company’s stock worth $3,009,000 after acquiring an additional 12,931 shares during the last quarter. Finally, Advisory Alpha LLC lifted its position in SPDR Portfolio Short Term Corporate Bond ETF by 0.3% during the 2nd quarter. Advisory Alpha LLC now owns 3,845,566 shares of the company’s stock worth $116,098,000 after acquiring an additional 9,803 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Trading Up 0.1%

SPDR Portfolio Short Term Corporate Bond ETF stock opened at $30.31 on Monday. 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 business’s 50-day simple moving average is $30.23 and its two-hundred day simple moving average is $30.23.

SPDR Portfolio Short Term Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors 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%.

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.