Fairview Capital Investment Management LLC Purchases 13,659 Shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

Fairview Capital Investment Management LLC boosted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 4.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 295,579 shares of the company’s stock after buying an additional 13,659 shares during the quarter. Fairview Capital Investment Management LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $8,826,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Synergy Investment Management LLC bought a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the fourth quarter valued at approximately $31,000. Crews Bank & Trust bought a new position in SPDR Portfolio Short Term Corporate Bond ETF in the 4th quarter worth $81,000. SBI Securities Co. Ltd. purchased a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 4th quarter worth about $154,000. Graney & King LLC bought a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF during the 4th quarter valued at about $168,000. Finally, Wells Financial Advisors INC increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 6.8% during the fourth quarter. Wells Financial Advisors INC now owns 5,679 shares of the company’s stock valued at $170,000 after buying an additional 361 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

SPSB stock opened at $29.94 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a 1 year low of $29.57 and a 1 year high of $30.31. The firm has a 50-day moving average of $29.98 and a 200 day moving average of $29.95.

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.