Concord Asset Management LLC VA increased its position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB – Free Report) by 6.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 965,630 shares of the company’s stock after buying an additional 55,640 shares during the quarter. SPDR Portfolio Short Term Corporate Bond ETF accounts for approximately 4.4% of Concord Asset Management LLC VA’s holdings, making the stock its 2nd biggest holding. Concord Asset Management LLC VA’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $29,152,000 at the end of the most recent reporting period.
Several other hedge funds also recently made changes to their positions in the company. Valmark Advisers Inc. increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.7% in the second quarter. Valmark Advisers Inc. now owns 8,023,854 shares of the company’s stock worth $242,240,000 after buying an additional 286,606 shares during the period. Baird Financial Group Inc. increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 6.0% in the first quarter. Baird Financial Group Inc. now owns 4,125,700 shares of the company’s stock worth $124,184,000 after buying an additional 233,609 shares during the period. Rockwood Wealth Management LLC increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.5% in the second quarter. Rockwood Wealth Management LLC now owns 2,043,547 shares of the company’s stock worth $61,695,000 after buying an additional 69,574 shares during the period. Ameriprise Financial Inc. increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 12.3% in the first quarter. Ameriprise Financial Inc. now owns 1,478,244 shares of the company’s stock worth $44,497,000 after buying an additional 162,239 shares during the period. Finally, Walker Financial Services Inc. increased its position in SPDR Portfolio Short Term Corporate Bond ETF by 7.1% during the 2nd quarter. Walker Financial Services Inc. now owns 1,328,635 shares of the company’s stock valued at $40,111,000 after purchasing an additional 88,018 shares during the period.
SPDR Portfolio Short Term Corporate Bond ETF Price Performance
Shares of SPDR Portfolio Short Term Corporate Bond ETF stock opened at $30.21 on Monday. The company’s fifty day simple moving average is $30.21 and its two-hundred day simple moving average is $30.09. SPDR Portfolio Short Term Corporate Bond ETF has a 12-month low of $29.74 and a 12-month high of $30.31.
SPDR Portfolio Short Term Corporate Bond ETF Company 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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