Capital Wealth Management LLC Acquires 69,153 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Capital Wealth Management LLC boosted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 6.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,098,274 shares of the company’s stock after buying an additional 69,153 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF comprises 10.7% of Capital Wealth Management LLC’s portfolio, making the stock its largest holding. Capital Wealth Management LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $33,168,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Creative Planning boosted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 7.5% during the third quarter. Creative Planning now owns 48,756,348 shares of the company’s stock worth $1,476,830,000 after buying an additional 3,401,784 shares in the last quarter. Valmark Advisers Inc. boosted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 4.1% during the fourth quarter. Valmark Advisers Inc. now owns 8,737,196 shares of the company’s stock worth $263,863,000 after buying an additional 340,112 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 19.1% during the third quarter. Envestnet Asset Management Inc. now owns 4,620,146 shares of the company’s stock worth $139,944,000 after buying an additional 741,369 shares in the last quarter. Allstate Corp boosted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 99.4% during the third quarter. Allstate Corp now owns 4,375,565 shares of the company’s stock worth $132,536,000 after buying an additional 2,181,050 shares in the last quarter. Finally, Advisory Alpha LLC boosted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 10.1% during the third quarter. Advisory Alpha LLC now owns 4,235,356 shares of the company’s stock worth $127,958,000 after buying an additional 389,790 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Trading Up 0.1%

SPSB opened at $30.10 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a fifty-two week low of $29.92 and a fifty-two week high of $30.34. The firm’s fifty day moving average price is $30.10 and its two-hundred day moving average price is $30.18.

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.