SPDR Portfolio Short Term Corporate Bond ETF $SPSB Shares Acquired by Strategic Point Investment Advisors LLC

Strategic Point Investment Advisors LLC boosted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 3.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,240,756 shares of the company’s stock after purchasing an additional 45,537 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF comprises about 4.9% of Strategic Point Investment Advisors LLC’s investment portfolio, making the stock its 9th biggest position. Strategic Point Investment Advisors LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $37,235,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Strive Financial Group LLC bought a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the fourth quarter worth about $35,000. AlphaCore Capital LLC raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 48.0% in the fourth quarter. AlphaCore Capital LLC now owns 1,807 shares of the company’s stock valued at $55,000 after acquiring an additional 586 shares during the last quarter. IFC & Insurance Marketing Inc. bought a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the fourth quarter valued at approximately $58,000. EverSource Wealth Advisors LLC raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 106.5% in the first quarter. EverSource Wealth Advisors LLC now owns 2,028 shares of the company’s stock valued at $61,000 after acquiring an additional 1,046 shares during the last quarter. Finally, CIBC Private Wealth Group LLC boosted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 17.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 2,203 shares of the company’s stock worth $67,000 after acquiring an additional 334 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

NYSEARCA SPSB opened at $29.91 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a one year low of $29.84 and a one year high of $30.34. The stock’s 50 day simple moving average is $29.93 and its 200 day simple moving average is $30.05.

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.