Fragasso Financial Advisors Inc Purchases New Holdings in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Fragasso Financial Advisors Inc acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 86,550 shares of the company’s stock, valued at approximately $2,562,000.

A number of other hedge funds also recently bought and sold shares of the stock. Atwood & Palmer Inc. acquired a new position in SPDR Portfolio Short Term Corporate Bond ETF during the 3rd quarter valued at about $39,000. Brown Lisle Cummings Inc. boosted its position 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 worth $42,000 after purchasing an additional 1,048 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in 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 buying an additional 1,046 shares in the last quarter. Root Financial Partners LLC grew its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 112.2% in the first quarter. Root Financial Partners LLC now owns 2,368 shares of the company’s stock valued at $71,000 after purchasing an additional 1,252 shares during the period. Finally, Nalls Sherbakoff Group LLC purchased a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the 4th quarter worth approximately $76,000.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

SPSB traded down $0.03 on Tuesday, reaching $29.59. 635,834 shares of the company’s stock were exchanged, compared to its average volume of 4,103,393. SPDR Portfolio Short Term Corporate Bond ETF has a twelve month low of $29.45 and a twelve month high of $30.34. The stock’s fifty day moving average price is $29.77 and its 200-day moving average price is $29.91.

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.