SoundView Advisors Inc. acquired a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB – Free Report) during the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 1,020,108 shares of the company’s stock, valued at approximately $30,807,000. SPDR Portfolio Short Term Corporate Bond ETF accounts for 10.7% of SoundView Advisors Inc.’s investment portfolio, making the stock its 3rd biggest holding.
Other institutional investors have also added to or reduced their stakes in the company. Westfuller Advisors LLC purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF during the 3rd quarter valued at about $27,000. Bessemer Group Inc. purchased a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the third quarter worth about $30,000. Smartleaf Asset Management LLC boosted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 2,862.9% in the third quarter. Smartleaf Asset Management LLC now owns 1,037 shares of the company’s stock valued at $31,000 after acquiring an additional 1,002 shares during the period. AlphaCore Capital LLC purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF during the third quarter valued at approximately $37,000. Finally, Root Financial Partners LLC bought a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the 3rd quarter worth approximately $71,000.
SPDR Portfolio Short Term Corporate Bond ETF Trading Up 0.0%
Shares of SPDR Portfolio Short Term Corporate Bond ETF stock opened at $29.99 on Friday. The company has a 50 day simple moving average of $30.03 and a two-hundred day simple moving average of $30.16. SPDR Portfolio Short Term Corporate Bond ETF has a 1 year low of $29.92 and a 1 year high of $30.34.
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.
Featured Articles
- Five stocks we like better than SPDR Portfolio Short Term Corporate Bond ETF
- Meta Platforms 10% Layoff Raises a Bigger Question About AI Spending
- As Small-Cap Outperformance Continues, These 2 ETFs Provide Exposure
- Silicon Shake-Up: The AI Trade Is Moving Beyond NVIDIA
- The Silver Lining of Last Week’s Hims & Hers Earnings Miss
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.
