Meridian Financial LLC Boosts Stock Holdings in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Meridian Financial LLC raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 11.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 52,643 shares of the company’s stock after purchasing an additional 5,547 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF accounts for about 1.0% of Meridian Financial LLC’s holdings, making the stock its 26th biggest position. Meridian Financial LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $1,589,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of SPSB. GAMMA Investing LLC increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3,609.4% in the first quarter. GAMMA Investing LLC now owns 4,626,882 shares of the company’s stock worth $153,717,000 after purchasing an additional 4,502,147 shares in the last quarter. NewSquare Capital LLC increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 1,238,075.0% in the first quarter. NewSquare Capital LLC now owns 247,635 shares of the company’s stock worth $7,454,000 after purchasing an additional 247,615 shares in the last quarter. Baird Financial Group Inc. increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 6.0% in the first quarter. Baird Financial Group Inc. now owns 4,125,700 shares of the company’s stock worth $124,184,000 after purchasing an additional 233,609 shares in the last quarter. Kingstone Capital Partners Texas LLC purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the second quarter worth about $5,945,000. Finally, Ameriprise Financial Inc. increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 12.3% in the first quarter. Ameriprise Financial Inc. now owns 1,478,244 shares of the company’s stock worth $44,497,000 after purchasing an additional 162,239 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Trading Down 0.1%

SPSB opened at $30.25 on Thursday. The firm has a 50-day moving average price of $30.19 and a 200-day moving average price of $30.07. SPDR Portfolio Short Term Corporate Bond ETF has a twelve month low of $29.74 and a twelve month high of $30.31.

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.