TPG Financial Advisors LLC Acquires New Holdings in SPDR Portfolio Short Term Corporate Bond ETF (SPSB)

TPG Financial Advisors LLC acquired a new stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) during the 4th quarter, HoldingsChannel reports. The firm acquired 356,286 shares of the company’s stock, valued at approximately $10,738,000. SPDR Portfolio Short Term Corporate Bond ETF makes up 11.7% of TPG Financial Advisors LLC’s portfolio, making the stock its biggest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Assetmark Inc. raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 1,476.1% in the third quarter. Assetmark Inc. now owns 3,757,902 shares of the company’s stock worth $113,413,000 after purchasing an additional 3,519,470 shares during the period. Wells Fargo & Company MN raised its holdings 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 worth $69,140,000 after purchasing an additional 1,048,874 shares during the period. Matthew Goff Investment Advisor LLC raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 27,028.0% in the third quarter. Matthew Goff Investment Advisor LLC now owns 810,042 shares of the company’s stock worth $2,986,000 after purchasing an additional 807,056 shares during the period. Janney Montgomery Scott LLC raised its holdings 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 worth $75,902,000 after purchasing an additional 742,881 shares during the period. Finally, Winch Advisory Services LLC acquired a new stake in SPDR Portfolio Short Term Corporate Bond ETF in the fourth quarter worth $19,353,000.

SPSB traded down $0.02 during mid-day trading on Wednesday, hitting $30.33. The stock had a trading volume of 863,555 shares, compared to its average volume of 1,328,774. SPDR Portfolio Short Term Corporate Bond ETF has a 1-year low of $29.98 and a 1-year high of $30.41.

The company also recently announced a monthly dividend, which was paid on Thursday, February 7th. Shareholders of record on Monday, February 4th were issued a $0.0718 dividend. The ex-dividend date of this dividend was Friday, February 1st. This represents a $0.86 annualized dividend and a yield of 2.84%.

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Further Reading: What is a back-end load?

Want to see what other hedge funds are holding SPSB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB).

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

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