Gemmer Asset Management LLC lifted its holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB – Free Report) by 6.0% in the 2nd quarter, Holdings Channel.com reports. The firm owned 1,069,164 shares of the company’s stock after acquiring an additional 60,106 shares during the quarter. SPDR Portfolio Short Term Corporate Bond ETF makes up about 2.9% of Gemmer Asset Management LLC’s holdings, making the stock its 10th largest holding. Gemmer Asset Management LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $32,278,000 as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of the business. Simplicity Wealth LLC lifted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 119.1% in the 2nd quarter. Simplicity Wealth LLC now owns 16,720 shares of the company’s stock worth $505,000 after purchasing an additional 9,090 shares during the period. Mechanics Financial Corp raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 33.2% during the 2nd quarter. Mechanics Financial Corp now owns 60,610 shares of the company’s stock worth $1,830,000 after acquiring an additional 15,105 shares in the last quarter. Riverview Trust Co bought a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the 2nd quarter worth approximately $99,000. SimpliFi Inc. raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 1.5% during the 2nd quarter. SimpliFi Inc. now owns 406,241 shares of the company’s stock worth $12,264,000 after acquiring an additional 6,167 shares in the last quarter. Finally, Parsons Capital Management Inc. RI raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 0.7% during the 2nd quarter. Parsons Capital Management Inc. RI now owns 110,756 shares of the company’s stock worth $3,344,000 after acquiring an additional 725 shares in the last quarter.
SPDR Portfolio Short Term Corporate Bond ETF Trading Down 0.0%
NYSEARCA SPSB opened at $30.20 on Friday. 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 has a 52 week low of $29.74 and a 52 week high of $30.31.
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.
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Want to see what other hedge funds are holding SPSB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB – Free Report).
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