SPDR Portfolio Short Term Corporate Bond ETF $SPSB Shares Bought by Gemmer Asset Management LLC

Gemmer Asset Management LLC lifted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 8.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,156,873 shares of the company’s stock after acquiring an additional 87,709 shares during the quarter. SPDR Portfolio Short Term Corporate Bond ETF accounts for about 2.8% of Gemmer Asset Management LLC’s holdings, making the stock its 9th biggest position. Gemmer Asset Management LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $35,042,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of SPSB. Friedenthal Financial purchased a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the second quarter worth $36,000. Ameritas Investment Partners Inc. raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 88.4% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,905 shares of the company’s stock worth $58,000 after buying an additional 894 shares during the last quarter. Allworth Financial LP raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 65.2% during the 2nd quarter. Allworth Financial LP now owns 2,092 shares of the company’s stock worth $63,000 after buying an additional 826 shares during the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 2nd quarter worth about $71,000. Finally, Riverview Trust Co purchased a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 2nd quarter worth about $99,000.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

NYSEARCA:SPSB opened at $30.17 on Thursday. The firm has a 50-day moving average price of $30.22 and a two-hundred day moving average price of $30.18. SPDR Portfolio Short Term Corporate Bond ETF has a twelve month low of $29.74 and a twelve month high of $30.34.

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.