Clark Capital Management Group Inc. Sells 213,643 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Clark Capital Management Group Inc. lessened its position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 64.6% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 117,004 shares of the company’s stock after selling 213,643 shares during the quarter. Clark Capital Management Group Inc.’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $3,544,000 at the end of the most recent reporting period.

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

SPDR Portfolio Short Term Corporate Bond ETF Stock Up 0.1%

Shares of SPSB stock opened at $30.03 on Tuesday. SPDR Portfolio Short Term Corporate Bond ETF has a 12 month low of $29.74 and a 12 month high of $30.34. The company has a 50 day simple moving average of $30.23 and a two-hundred day simple moving average of $30.23.

SPDR Portfolio Short Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a dividend of $0.1063 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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.