SPDR Portfolio Short Term Corporate Bond ETF $SPSB Shares Acquired by Parsons Capital Management Inc. RI

Parsons Capital Management Inc. RI increased its position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 38.4% in the third quarter, Holdings Channel reports. The firm owned 153,327 shares of the company’s stock after purchasing an additional 42,571 shares during the quarter. Parsons Capital Management Inc. RI’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $4,644,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Legacy Wealth Management LLC MS lifted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 4.4% during the 3rd quarter. Legacy Wealth Management LLC MS now owns 8,148 shares of the company’s stock worth $247,000 after buying an additional 342 shares during the last quarter. Aspetuck Financial Management LLC lifted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 0.3% during the second quarter. Aspetuck Financial Management LLC now owns 118,645 shares of the company’s stock worth $3,582,000 after purchasing an additional 390 shares during the last quarter. Global Retirement Partners LLC lifted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 1.1% during the third quarter. Global Retirement Partners LLC now owns 36,565 shares of the company’s stock worth $1,108,000 after purchasing an additional 413 shares during the last quarter. AdvisorNet Financial Inc boosted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 2.8% in the third quarter. AdvisorNet Financial Inc now owns 15,767 shares of the company’s stock worth $478,000 after purchasing an additional 423 shares during the period. Finally, Cedar Point Capital Partners LLC increased its stake in SPDR Portfolio Short Term Corporate Bond ETF by 5.1% during the third quarter. Cedar Point Capital Partners LLC now owns 9,066 shares of the company’s stock valued at $275,000 after purchasing an additional 440 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

Shares of NYSEARCA:SPSB opened at $30.22 on Tuesday. The company’s fifty day moving average is $30.21 and its two-hundred day moving average is $30.20. SPDR Portfolio Short Term Corporate Bond ETF has a 1-year low of $29.74 and a 1-year high of $30.34.

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.