CoreCap Advisors LLC Sells 685,811 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB

CoreCap Advisors LLC lessened its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 94.8% during the second quarter, Holdings Channel reports. The fund owned 37,918 shares of the company’s stock after selling 685,811 shares during the quarter. CoreCap Advisors LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $1,138,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. CIBC Private Wealth Group LLC raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 17.9% during the fourth quarter. CIBC Private Wealth Group LLC now owns 2,203 shares of the company’s stock valued at $67,000 after purchasing an additional 334 shares in the last quarter. Great Valley Advisor Group Inc. grew its position in SPDR Portfolio Short Term Corporate Bond ETF by 4.2% in the 4th quarter. Great Valley Advisor Group Inc. now owns 8,542 shares of the company’s stock valued at $258,000 after buying an additional 342 shares in the last quarter. First County Bank CT grew its position in SPDR Portfolio Short Term Corporate Bond ETF by 3.4% in the 2nd quarter. First County Bank CT now owns 12,105 shares of the company’s stock valued at $363,000 after buying an additional 395 shares in the last quarter. Cerity Partners LLC raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 3.5% during the second quarter. Cerity Partners LLC now owns 14,802 shares of the company’s stock worth $447,000 after purchasing an additional 497 shares in the last quarter. Finally, Penobscot Investment Management Company Inc. lifted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 1.0% in the 1st quarter. Penobscot Investment Management Company Inc. now owns 52,010 shares of the company’s stock valued at $1,564,000 after acquiring an additional 520 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

Shares of NYSEARCA:SPSB opened at $29.91 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a 1-year low of $29.84 and a 1-year high of $30.34. The company has a 50 day moving average price of $29.93 and a 200 day moving average price of $30.05.

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.