SPDR Portfolio Short Term Corporate Bond ETF $SPSB Position Boosted by MCF Advisors LLC

MCF Advisors LLC grew its position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 15.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,503,919 shares of the company’s stock after purchasing an additional 475,713 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF makes up approximately 3.7% of MCF Advisors LLC’s holdings, making the stock its 5th largest holding. MCF Advisors LLC owned approximately 0.98% of SPDR Portfolio Short Term Corporate Bond ETF worth $105,153,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Gemmer Asset Management LLC raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 2.4% in the second quarter. Gemmer Asset Management LLC now owns 847,978 shares of the company’s stock valued at $25,448,000 after buying an additional 19,590 shares during the period. Engineers Gate Manager LP purchased a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the second quarter worth approximately $1,467,000. Capital Analysts LLC grew its stake in SPDR Portfolio Short Term Corporate Bond ETF by 71.8% during the second quarter. Capital Analysts LLC now owns 11,810 shares of the company’s stock worth $355,000 after buying an additional 4,936 shares during the period. Integrated Wealth Concepts LLC grew its stake in SPDR Portfolio Short Term Corporate Bond ETF by 19.1% during the second quarter. Integrated Wealth Concepts LLC now owns 28,956 shares of the company’s stock worth $869,000 after buying an additional 4,641 shares during the period. Finally, RFG Advisory LLC increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 6.7% in the second quarter. RFG Advisory LLC now owns 441,147 shares of the company’s stock worth $13,239,000 after acquiring an additional 27,859 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

Shares of SPSB stock opened at $29.79 on Thursday. The company’s fifty day simple moving average is $29.90 and its 200-day simple moving average is $29.99. SPDR Portfolio Short Term Corporate Bond ETF has a 52 week low of $29.77 and a 52 week high of $30.34.

SPDR Portfolio Short Term Corporate Bond ETF 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.