Impact Partnership Wealth LLC Acquires 22,363 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Impact Partnership Wealth LLC lifted its holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 7.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 337,163 shares of the company’s stock after purchasing an additional 22,363 shares during the quarter. SPDR Portfolio Short Term Corporate Bond ETF accounts for approximately 1.9% of Impact Partnership Wealth LLC’s investment portfolio, making the stock its 14th biggest holding. Impact Partnership Wealth LLC owned 0.12% of SPDR Portfolio Short Term Corporate Bond ETF worth $10,179,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of SPSB. Valmark Advisers Inc. grew its stake in SPDR Portfolio Short Term Corporate Bond ETF by 3.7% in the second quarter. Valmark Advisers Inc. now owns 8,023,854 shares of the company’s stock valued at $242,240,000 after purchasing an additional 286,606 shares in the last quarter. Baird Financial Group Inc. lifted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 6.0% in the 1st quarter. Baird Financial Group Inc. now owns 4,125,700 shares of the company’s stock valued at $124,184,000 after purchasing an additional 233,609 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in SPDR Portfolio Short Term Corporate Bond ETF during the second quarter worth approximately $5,945,000. Ameriprise Financial Inc. raised its stake in SPDR Portfolio Short Term Corporate Bond ETF by 12.3% in the first quarter. Ameriprise Financial Inc. now owns 1,478,244 shares of the company’s stock valued at $44,497,000 after buying an additional 162,239 shares during the period. Finally, BIP Wealth LLC lifted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 21.8% in the second quarter. BIP Wealth LLC now owns 705,043 shares of the company’s stock valued at $21,285,000 after buying an additional 126,073 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

SPSB opened at $30.27 on Thursday. The stock’s fifty day simple moving average is $30.25 and its 200 day simple moving average is $30.12. SPDR Portfolio Short Term Corporate Bond ETF has a 1-year low of $29.74 and a 1-year high of $30.34.

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.