Destiny Wealth Partners LLC Sells 17,200 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Destiny Wealth Partners LLC reduced its stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 21.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,591 shares of the company’s stock after selling 17,200 shares during the quarter. Destiny Wealth Partners LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $1,894,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in SPSB. Brown Advisory Inc. lifted its position in SPDR Portfolio Short Term Corporate Bond ETF by 11.7% in the 2nd quarter. Brown Advisory Inc. now owns 7,817 shares of the company’s stock valued at $236,000 after acquiring an additional 820 shares in the last quarter. Cerity Partners LLC lifted its position in SPDR Portfolio Short Term Corporate Bond ETF by 3.5% in the 2nd quarter. Cerity Partners LLC now owns 14,802 shares of the company’s stock valued at $447,000 after acquiring an additional 497 shares in the last quarter. State Street Corp lifted its position in SPDR Portfolio Short Term Corporate Bond ETF by 8.9% in the 2nd quarter. State Street Corp now owns 3,492,076 shares of the company’s stock valued at $105,426,000 after acquiring an additional 286,709 shares in the last quarter. Sei Investments Co. lifted its position in SPDR Portfolio Short Term Corporate Bond ETF by 583.7% in the 2nd quarter. Sei Investments Co. now owns 107,761 shares of the company’s stock valued at $3,253,000 after acquiring an additional 92,000 shares in the last quarter. Finally, Main Street Financial Solutions LLC bought a new position in SPDR Portfolio Short Term Corporate Bond ETF in the 2nd quarter valued at approximately $814,000.

SPDR Portfolio Short Term Corporate Bond ETF Stock Up 0.1%

SPSB stock opened at $29.97 on Wednesday. SPDR Portfolio Short Term Corporate Bond ETF has a 12-month low of $29.92 and a 12-month high of $30.34. The stock’s 50 day simple moving average is $30.09 and its 200 day simple moving average is $30.18.

About SPDR Portfolio Short Term Corporate Bond ETF

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.