New Century Financial Group LLC reduced its holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB – Free Report) by 75.9% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 6,998 shares of the company’s stock after selling 22,085 shares during the period. New Century Financial Group LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $211,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in SPSB. Golden State Wealth Management LLC boosted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 996 shares of the company’s stock worth $30,000 after purchasing an additional 498 shares during the period. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 1st quarter valued at about $38,000. Columbia River Financial Group LLC bought a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 1st quarter valued at about $61,000. LRI Investments LLC grew its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 17.1% in the 1st quarter. LRI Investments LLC now owns 2,289 shares of the company’s stock worth $69,000 after buying an additional 335 shares during the last quarter. Finally, Riverview Trust Co purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 2nd quarter worth approximately $99,000.
SPDR Portfolio Short Term Corporate Bond ETF Stock Down 0.0%
Shares of SPDR Portfolio Short Term Corporate Bond ETF stock opened at $30.20 on Friday. The firm’s 50 day moving average price is $30.21 and its 200-day moving average price is $30.08. SPDR Portfolio Short Term Corporate Bond ETF has a 52-week low of $29.74 and a 52-week 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.
Further Reading
- Five stocks we like better than SPDR Portfolio Short Term Corporate Bond ETF
- How to Invest in the Best Canadian Stocks
- After Trump Deal, Can Meta Stock Withstand TikTok’s Onslaught?
- What Does Downgrade Mean in Investing?
- Alphabet: After Its Best Quarter in Decades, Is It Time to Buy?
- What Are Dividend Achievers? An Introduction
- Forget Airlines—These Trucking Stocks Are Shifting Into High Gear
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).
Receive News & Ratings for SPDR Portfolio Short Term Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Short Term Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
