M Holdings Securities Inc. acquired a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 57,704 shares of the company’s stock, valued at approximately $1,710,000.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Rodgers & Associates LTD increased its position in SPDR Portfolio Short Term Corporate Bond ETF by 5.9% during the second quarter. Rodgers & Associates LTD now owns 1,764,606 shares of the company’s stock worth $52,956,000 after purchasing an additional 98,891 shares during the last quarter. Capital Wealth Management LLC raised its stake in SPDR Portfolio Short Term Corporate Bond ETF by 4.9% during the second quarter. Capital Wealth Management LLC now owns 1,227,718 shares of the company’s stock worth $36,844,000 after purchasing an additional 56,973 shares during the period. NewEdge Advisors LLC raised its stake in SPDR Portfolio Short Term Corporate Bond ETF by 42.4% during the second quarter. NewEdge Advisors LLC now owns 113,154 shares of the company’s stock worth $3,396,000 after purchasing an additional 33,667 shares during the period. State Street Corp boosted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 8.3% in the 2nd quarter. State Street Corp now owns 3,530,180 shares of the company’s stock valued at $105,941,000 after purchasing an additional 269,832 shares during the last quarter. Finally, Midwest Trust Co boosted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 14.6% in the 1st quarter. Midwest Trust Co now owns 247,310 shares of the company’s stock valued at $7,437,000 after purchasing an additional 31,497 shares during the last quarter.
SPDR Portfolio Short Term Corporate Bond ETF Price Performance
Shares of NYSEARCA SPSB opened at $29.71 on Tuesday. SPDR Portfolio Short Term Corporate Bond ETF has a 52-week low of $29.45 and a 52-week high of $30.34. The firm has a fifty day moving average of $29.67 and a 200-day moving average of $29.95.
About SPDR Portfolio Short Term Corporate Bond ETF
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.
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