Wealth Care LLC Invests $734,000 in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Wealth Care LLC acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) in the 1st quarter, Holdings Channel reports. The fund acquired 24,416 shares of the company’s stock, valued at approximately $734,000.

Several other hedge funds have also recently added to or reduced their stakes in SPSB. Strive Financial Group LLC acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the fourth quarter worth approximately $35,000. AlphaCore Capital LLC acquired a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the third quarter worth $37,000. IFC & Insurance Marketing Inc. bought a new position in SPDR Portfolio Short Term Corporate Bond ETF during the fourth quarter worth $58,000. CIBC Private Wealth Group LLC increased its position in SPDR Portfolio Short Term Corporate Bond ETF by 17.9% during the fourth quarter. CIBC Private Wealth Group LLC now owns 2,203 shares of the company’s stock worth $67,000 after acquiring an additional 334 shares during the period. Finally, Mcguire Capital Advisors Inc. bought a new position in SPDR Portfolio Short Term Corporate Bond ETF during the fourth quarter worth $72,000.

SPDR Portfolio Short Term Corporate Bond ETF Trading Down 0.1%

NYSEARCA:SPSB opened at $30.01 on Wednesday. SPDR Portfolio Short Term Corporate Bond ETF has a one year low of $29.88 and a one year high of $30.34. The company has a fifty day moving average price of $30.00 and a 200 day moving average price of $30.11.

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.