MGO One Seven LLC Acquires New Stake in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

MGO One Seven LLC bought a new position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 146,293 shares of the company’s stock, valued at approximately $4,329,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Valmark Advisers Inc. increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 4.5% during the 1st quarter. Valmark Advisers Inc. now owns 9,127,167 shares of the company’s stock valued at $274,454,000 after purchasing an additional 389,971 shares during the last quarter. Bank of America Corp DE raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 52.9% during the 1st quarter. Bank of America Corp DE now owns 7,436,338 shares of the company’s stock valued at $223,611,000 after buying an additional 2,573,239 shares during the period. Baird Financial Group Inc. lifted its position in SPDR Portfolio Short Term Corporate Bond ETF by 11.1% in the second quarter. Baird Financial Group Inc. now owns 6,659,159 shares of the company’s stock worth $199,841,000 after buying an additional 663,851 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in SPDR Portfolio Short Term Corporate Bond ETF by 11.2% in the second quarter. Envestnet Asset Management Inc. now owns 5,899,175 shares of the company’s stock worth $177,034,000 after buying an additional 593,008 shares during the last quarter. Finally, State Street Corp lifted its position in SPDR Portfolio Short Term Corporate Bond ETF by 8.3% in the second quarter. State Street Corp now owns 3,530,180 shares of the company’s stock worth $105,941,000 after buying an additional 269,832 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Down 0.4%

NYSEARCA SPSB opened at $29.63 on Tuesday. The company has a fifty day moving average of $29.69 and a two-hundred day moving average of $29.96. SPDR Portfolio Short Term Corporate Bond ETF has a 52 week low of $29.45 and a 52 week high of $30.34.

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.