SPDR Portfolio Short Term Corporate Bond ETF (SPSB) Position Reduced by Bridgeworth LLC

Bridgeworth LLC reduced its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 21.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 586,601 shares of the company’s stock after selling 161,551 shares during the quarter. SPDR Portfolio Short Term Corporate Bond ETF comprises approximately 7.5% of Bridgeworth LLC’s portfolio, making the stock its 2nd largest holding. Bridgeworth LLC owned about 0.39% of SPDR Portfolio Short Term Corporate Bond ETF worth $13,529,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently made changes to their positions in SPSB. United Services Automobile Association raised its stake in SPDR Portfolio Short Term Corporate Bond ETF by 538.0% during the 2nd quarter. United Services Automobile Association now owns 11,277,058 shares of the company’s stock worth $340,116,000 after acquiring an additional 9,509,503 shares in the last quarter. Charles Schwab Investment Advisory Inc. acquired a new position in SPDR Portfolio Short Term Corporate Bond ETF in the second quarter valued at $175,410,000. Bank of America Corp DE increased its stake in SPDR Portfolio Short Term Corporate Bond ETF by 45.6% in the second quarter. Bank of America Corp DE now owns 10,520,806 shares of the company’s stock valued at $317,308,000 after purchasing an additional 3,295,919 shares during the period. Wells Fargo & Company MN increased its stake in SPDR Portfolio Short Term Corporate Bond ETF by 84.4% in the third quarter. Wells Fargo & Company MN now owns 2,290,905 shares of the company’s stock valued at $69,140,000 after purchasing an additional 1,048,874 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in SPDR Portfolio Short Term Corporate Bond ETF by 41.9% in the third quarter. Janney Montgomery Scott LLC now owns 2,514,989 shares of the company’s stock valued at $75,902,000 after purchasing an additional 742,881 shares during the period.

NYSEARCA SPSB opened at $30.06 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a one year low of $30.02 and a one year high of $30.56.

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 7th. Shareholders of record on Friday, November 2nd were paid a $0.0682 dividend. The ex-dividend date was Thursday, November 1st. This is a positive change from SPDR Portfolio Short Term Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a $0.82 dividend on an annualized basis and a yield of 2.72%.

TRADEMARK VIOLATION WARNING: This piece was reported by WKRB News and is the sole property of of WKRB News. If you are accessing this piece on another domain, it was stolen and reposted in violation of US and international copyright and trademark law. The original version of this piece can be accessed at https://www.wkrb13.com/2018/11/23/spdr-portfolio-short-term-corporate-bond-etf-spsb-position-reduced-by-bridgeworth-llc.html.

See Also: Inflation

Institutional Ownership by Quarter for SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

Receive News & Ratings for SPDR Portfolio Short Term Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Short Term Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply