SPDR Portfolio Short Term Corporate Bond ETF $SPSB Shares Bought by Bank of America Corp DE

Bank of America Corp DE grew its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 52.9% in the first quarter, Holdings Channel reports. The institutional investor owned 7,436,338 shares of the company’s stock after purchasing an additional 2,573,239 shares during the period. Bank of America Corp DE’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $223,611,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in SPSB. Certified Advisory Corp raised its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 7.8% during the 1st quarter. Certified Advisory Corp now owns 404,924 shares of the company’s stock worth $12,176,000 after acquiring an additional 29,305 shares in the last quarter. Greenberg Financial Group purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF in the fourth quarter valued at approximately $2,251,000. BIP Wealth LLC raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 12.5% during the fourth quarter. BIP Wealth LLC now owns 1,450,662 shares of the company’s stock worth $43,810,000 after purchasing an additional 161,263 shares in the last quarter. Rogco LP raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 4.2% during the fourth quarter. Rogco LP now owns 443,186 shares of the company’s stock worth $13,384,000 after purchasing an additional 17,974 shares in the last quarter. Finally, Arrien Investments Inc. lifted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 55.7% during the 1st quarter. Arrien Investments Inc. now owns 303,552 shares of the company’s stock worth $9,128,000 after buying an additional 108,533 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Down 0.3%

NYSEARCA SPSB opened at $29.86 on Tuesday. The firm’s fifty day moving average price is $29.94 and its 200 day moving average price is $30.06. SPDR Portfolio Short Term Corporate Bond ETF has a 12 month low of $29.84 and a 12 month 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.