Shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB – Get Free Report) saw an uptick in trading volume on Friday . 4,525,447 shares traded hands during trading, an increase of 21% from the previous session’s volume of 3,731,023 shares.The stock last traded at $29.7250 and had previously closed at $29.72.
SPDR Portfolio Short Term Corporate Bond ETF Stock Performance
The company has a 50 day simple moving average of $29.90 and a two-hundred day simple moving average of $29.99.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. CIBC Private Wealth Group LLC boosted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 17.9% during the fourth quarter. CIBC Private Wealth Group LLC now owns 2,203 shares of the company’s stock worth $67,000 after acquiring an additional 334 shares in the last quarter. Great Valley Advisor Group Inc. increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 4.2% during the 4th quarter. Great Valley Advisor Group Inc. now owns 8,542 shares of the company’s stock valued at $258,000 after purchasing an additional 342 shares during the last quarter. First County Bank CT raised its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.4% in the 2nd quarter. First County Bank CT now owns 12,105 shares of the company’s stock worth $363,000 after purchasing an additional 395 shares during the period. Cerity Partners LLC raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.5% in the second quarter. Cerity Partners LLC now owns 14,802 shares of the company’s stock valued at $447,000 after buying an additional 497 shares during the period. Finally, Rinkey Investments lifted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 5.7% during the 2nd quarter. Rinkey Investments now owns 9,456 shares of the company’s stock valued at $284,000 after buying an additional 512 shares during the last quarter.
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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