Gemmer Asset Management LLC grew its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB – Free Report) by 2.4% in the second quarter, Holdings Channel.com reports. The fund owned 847,978 shares of the company’s stock after purchasing an additional 19,590 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF makes up about 1.7% of Gemmer Asset Management LLC’s holdings, making the stock its 14th largest holding. Gemmer Asset Management LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $25,448,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in SPSB. Strive Financial Group LLC acquired a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the fourth quarter valued at approximately $35,000. Brown Lisle Cummings Inc. grew its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 300.3% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 1,397 shares of the company’s stock valued at $42,000 after buying an additional 1,048 shares during the period. AlphaCore Capital LLC increased its position in SPDR Portfolio Short Term Corporate Bond ETF by 48.0% during the fourth quarter. AlphaCore Capital LLC now owns 1,807 shares of the company’s stock worth $55,000 after purchasing an additional 586 shares during the last quarter. IFC & Insurance Marketing Inc. purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 4th quarter worth $58,000. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 106.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,028 shares of the company’s stock worth $61,000 after purchasing an additional 1,046 shares during the period.
SPDR Portfolio Short Term Corporate Bond ETF Trading Down 0.1%
SPSB opened at $29.79 on Thursday. The company has a 50 day moving average of $29.90 and a two-hundred day moving average of $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.
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Want to see what other hedge funds are holding SPSB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB – Free Report).
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