Chessman Wealth Strategies RIA Takes $10.61 Million Position in SPDR Portfolio Small Cap ETF (SPSM)

Chessman Wealth Strategies RIA bought a new position in shares of SPDR Portfolio Small Cap ETF (NYSEARCA:SPSM) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 319,290 shares of the company’s stock, valued at approximately $10,613,000. SPDR Portfolio Small Cap ETF makes up approximately 9.3% of Chessman Wealth Strategies RIA’s portfolio, making the stock its 5th largest position. Chessman Wealth Strategies RIA owned 0.70% of SPDR Portfolio Small Cap ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of SPSM. Brand Asset Management Group Inc. acquired a new stake in shares of SPDR Portfolio Small Cap ETF during the 2nd quarter worth about $143,000. Centaurus Financial Inc. acquired a new stake in shares of SPDR Portfolio Small Cap ETF during the 2nd quarter worth about $163,000. Wells Fargo & Company MN acquired a new stake in shares of SPDR Portfolio Small Cap ETF during the 1st quarter worth about $178,000. Berkshire Asset Management LLC PA acquired a new stake in shares of SPDR Portfolio Small Cap ETF during the 3rd quarter worth about $204,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in shares of SPDR Portfolio Small Cap ETF during the 2nd quarter worth about $223,000.

Shares of NYSEARCA SPSM traded up $0.10 during midday trading on Friday, hitting $30.41. 27,311 shares of the company’s stock were exchanged, compared to its average volume of 358,316. SPDR Portfolio Small Cap ETF has a twelve month low of $28.11 and a twelve month high of $34.15.

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 26th. Investors of record on Monday, September 24th were paid a dividend of $0.1381 per share. This represents a $0.55 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date of this dividend was Friday, September 21st. This is an increase from SPDR Portfolio Small Cap ETF’s previous quarterly dividend of $0.13.

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Institutional Ownership by Quarter for SPDR Portfolio Small Cap ETF (NYSEARCA:SPSM)

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