SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) Sees Unusually-High Trading Volume – Here’s What Happened

SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) shares saw unusually-high trading volume on Thursday . 22,393,950 shares traded hands during mid-day trading, an increase of 527% from the previous session’s volume of 3,569,715 shares.The stock last traded at $29.8250 and had previously closed at $29.79.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

The business’s fifty day moving average price is $29.92 and its two-hundred day moving average price is $30.01.

Institutional Investors Weigh In On SPDR Portfolio Short Term Corporate Bond ETF

Large investors have recently bought and sold shares of the company. Certified Advisory Corp raised its position in SPDR Portfolio Short Term Corporate Bond ETF by 7.8% in the first quarter. Certified Advisory Corp now owns 404,924 shares of the company’s stock valued at $12,176,000 after purchasing an additional 29,305 shares during the last quarter. Arrien Investments Inc. lifted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 55.7% in the first quarter. Arrien Investments Inc. now owns 303,552 shares of the company’s stock valued at $9,128,000 after purchasing an additional 108,533 shares in the last quarter. Zinnia Wealth Advisory LLC purchased a new stake in SPDR Portfolio Short Term Corporate Bond ETF in the 4th quarter valued at $1,596,000. LPL Financial LLC lifted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 19.2% during the 4th quarter. LPL Financial LLC now owns 9,425,480 shares of the company’s stock valued at $284,649,000 after acquiring an additional 1,518,271 shares in the last quarter. Finally, Revisor Wealth Management LLC boosted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 33.4% during the 1st quarter. Revisor Wealth Management LLC now owns 215,571 shares of the company’s stock worth $6,482,000 after acquiring an additional 53,995 shares during the last quarter.

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.