Sheets Smith Wealth Management bought a new stake in SPDR S Tr/BLOOMBERG BARCLAYS (NYSEARCA:SPSB) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 41,946 shares of the company’s stock, valued at approximately $1,266,000.
Several other hedge funds also recently bought and sold shares of SPSB. United Services Automobile Association lifted its holdings in shares of SPDR S Tr/BLOOMBERG BARCLAYS by 538.0% in the second quarter. United Services Automobile Association now owns 11,277,058 shares of the company’s stock valued at $340,116,000 after purchasing an additional 9,509,503 shares in the last quarter. Charles Schwab Investment Advisory Inc. bought a new position in shares of SPDR S Tr/BLOOMBERG BARCLAYS in the second quarter valued at approximately $175,410,000. Bank of America Corp DE lifted its holdings in shares of SPDR S Tr/BLOOMBERG BARCLAYS 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 in the last quarter. MEMBERS Trust Co bought a new position in shares of SPDR S Tr/BLOOMBERG BARCLAYS in the first quarter valued at approximately $78,682,000. Finally, UBS Group AG bought a new position in shares of SPDR S Tr/BLOOMBERG BARCLAYS in the first quarter valued at approximately $20,824,000.
SPSB stock opened at $30.04 on Wednesday. SPDR S Tr/BLOOMBERG BARCLAYS has a twelve month low of $30.02 and a twelve month high of $30.59.
The business also recently announced a monthly dividend, which will be paid on Wednesday, November 7th. Stockholders of record on Friday, November 2nd will be issued a $0.0682 dividend. This represents a $0.82 dividend on an annualized basis and a dividend yield of 2.73%. The ex-dividend date of this dividend is Thursday, November 1st. This is a positive change from SPDR S Tr/BLOOMBERG BARCLAYS’s previous monthly dividend of $0.07.
ILLEGAL ACTIVITY NOTICE: “Sheets Smith Wealth Management Takes $1.27 Million Position in SPDR S Tr/BLOOMBERG BARCLAYS (SPSB)” was originally published by Enterprise Leader and is the sole property of of Enterprise Leader. If you are reading this piece of content on another domain, it was illegally copied and republished in violation of United States & international trademark and copyright law. The correct version of this piece of content can be read at https://theenterpriseleader.com/2018/11/07/sheets-smith-wealth-management-takes-position-in-spdr-portfolio-short-term-corporate-bond-etf-spsb.html.
Featured Story: How accurate is the Rule of 72?
Receive News & Ratings for SPDR S Tr/BLOOMBERG BARCLAYS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S Tr/BLOOMBERG BARCLAYS and related companies with MarketBeat.com's FREE daily email newsletter.