SPDR Portfolio Short Term Corporate Bond ETF $SPSB Shares Sold by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC reduced its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 11.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 497,285 shares of the company’s stock after selling 61,283 shares during the period. Kovitz Investment Group Partners LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $15,063,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. JPMorgan Chase & Co. raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 28.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 32,109,859 shares of the company’s stock valued at $969,397,000 after purchasing an additional 7,071,441 shares in the last quarter. Allstate Corp increased its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 99.4% in the third quarter. Allstate Corp now owns 4,375,565 shares of the company’s stock valued at $132,536,000 after buying an additional 2,181,050 shares during the last quarter. Creative Planning raised its stake in SPDR Portfolio Short Term Corporate Bond ETF by 5.0% during the second quarter. Creative Planning now owns 45,354,564 shares of the company’s stock valued at $1,369,254,000 after buying an additional 2,140,455 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 19.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,620,146 shares of the company’s stock worth $139,944,000 after buying an additional 741,369 shares during the last quarter. Finally, First Command Advisory Services Inc. grew 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 acquiring an additional 704,139 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Trading Up 0.0%

Shares of NYSEARCA SPSB opened at $30.32 on Tuesday. 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 simple moving average of $30.23 and a 200-day simple moving average of $30.23.

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. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a 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.