Western Wealth Management LLC Purchases 19,812 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Western Wealth Management LLC boosted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 47.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 61,999 shares of the company’s stock after buying an additional 19,812 shares during the quarter. Western Wealth Management LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $1,878,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. lifted 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 during the period. Allstate Corp grew its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 99.4% during the 3rd quarter. Allstate Corp now owns 4,375,565 shares of the company’s stock worth $132,536,000 after buying an additional 2,181,050 shares during the period. Creative Planning increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 5.0% in the 2nd quarter. Creative Planning now owns 45,354,564 shares of the company’s stock valued at $1,369,254,000 after acquiring an additional 2,140,455 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake 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 acquiring an additional 741,369 shares during the last quarter. Finally, First Command Advisory Services Inc. grew its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 706.6% during the third quarter. First Command Advisory Services Inc. now owns 803,793 shares of the company’s stock valued at $24,347,000 after purchasing an additional 704,139 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Trading Up 0.1%

SPSB opened at $30.26 on Tuesday. The firm’s fifty day moving average is $30.22 and its two-hundred day moving average is $30.22. SPDR Portfolio Short Term Corporate Bond ETF has a twelve month low of $29.74 and a twelve month high of $30.34.

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 $0.1079 dividend. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Monday, February 2nd.

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.