Mascoma Wealth Management LLC Decreases Stake in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Mascoma Wealth Management LLC reduced its holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 0.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 79,675 shares of the company’s stock after selling 344 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF makes up 0.6% of Mascoma Wealth Management LLC’s holdings, making the stock its 24th biggest position. Mascoma Wealth Management LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $2,405,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Simplicity Wealth LLC lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 119.1% in the second quarter. Simplicity Wealth LLC now owns 16,720 shares of the company’s stock worth $505,000 after buying an additional 9,090 shares in the last quarter. Mechanics Financial Corp increased its position in SPDR Portfolio Short Term Corporate Bond ETF by 33.2% during the second quarter. Mechanics Financial Corp now owns 60,610 shares of the company’s stock worth $1,830,000 after purchasing an additional 15,105 shares during the last quarter. Riverview Trust Co acquired a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the second quarter worth about $99,000. SimpliFi Inc. increased its position in SPDR Portfolio Short Term Corporate Bond ETF by 1.5% during the second quarter. SimpliFi Inc. now owns 406,241 shares of the company’s stock worth $12,264,000 after purchasing an additional 6,167 shares during the last quarter. Finally, Parsons Capital Management Inc. RI increased its position in SPDR Portfolio Short Term Corporate Bond ETF by 0.7% during the second quarter. Parsons Capital Management Inc. RI now owns 110,756 shares of the company’s stock worth $3,344,000 after purchasing an additional 725 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

SPDR Portfolio Short Term Corporate Bond ETF stock opened at $30.20 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a 12-month low of $29.74 and a 12-month high of $30.31. The company has a 50-day moving average price of $30.21 and a 200 day moving average price of $30.08.

SPDR Portfolio Short Term Corporate Bond ETF 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.