Fisher Asset Management LLC Sells 231,439 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Fisher Asset Management LLC lessened its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 17.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,105,148 shares of the company’s stock after selling 231,439 shares during the period. Fisher Asset Management LLC owned about 0.41% of SPDR Portfolio Short Term Corporate Bond ETF worth $33,475,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPSB. Westfuller Advisors LLC acquired a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the third quarter worth approximately $27,000. Bessemer Group Inc. bought a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF during the 3rd quarter valued at $30,000. Smartleaf Asset Management LLC grew its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 2,862.9% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,037 shares of the company’s stock worth $31,000 after purchasing an additional 1,002 shares in the last quarter. AlphaCore Capital LLC bought a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the third quarter worth $37,000. Finally, Ameritas Investment Partners Inc. increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 88.4% in the second quarter. Ameritas Investment Partners Inc. now owns 1,905 shares of the company’s stock worth $58,000 after purchasing an additional 894 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

SPSB stock opened at $30.19 on Wednesday. SPDR Portfolio Short Term Corporate Bond ETF has a 52 week low of $29.74 and a 52 week high of $30.34. The business has a 50-day simple moving average of $30.25 and a 200 day simple moving average of $30.23.

SPDR Portfolio Short Term Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd will be given a $0.1063 dividend. The ex-dividend date is Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.2%.

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.