Cary Street Partners Investment Advisory LLC Acquires 18,077 Shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

Cary Street Partners Investment Advisory LLC boosted its holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 276.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,614 shares of the company’s stock after purchasing an additional 18,077 shares during the period. Cary Street Partners Investment Advisory LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $762,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in SPSB. Kingswood Wealth Advisors LLC bought a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 3rd quarter valued at about $600,000. Gould Asset Management LLC CA grew its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.8% in the 3rd quarter. Gould Asset Management LLC CA now owns 75,020 shares of the company’s stock valued at $2,200,000 after acquiring an additional 2,735 shares during the period. Mechanics Financial Corp grew its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 8.5% in the 3rd quarter. Mechanics Financial Corp now owns 24,168 shares of the company’s stock valued at $709,000 after acquiring an additional 1,890 shares during the period. IAG Wealth Partners LLC grew its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 11.5% in the 3rd quarter. IAG Wealth Partners LLC now owns 9,842 shares of the company’s stock valued at $289,000 after acquiring an additional 1,017 shares during the period. Finally, Bank of New York Mellon Corp grew its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 437.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 405,653 shares of the company’s stock valued at $11,894,000 after acquiring an additional 330,208 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

Shares of SPSB opened at $29.59 on Wednesday. The firm has a 50-day moving average of $29.66 and a 200-day moving average of $29.62. SPDR Portfolio Short Term Corporate Bond ETF has a one year low of $29.10 and a one year high of $29.94.

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.