Dynamic Wealth Strategies LLC Reduces Stake in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Dynamic Wealth Strategies LLC lowered its position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 37.4% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 100,652 shares of the company’s stock after selling 60,046 shares during the quarter. SPDR Portfolio Short Term Corporate Bond ETF accounts for about 2.2% of Dynamic Wealth Strategies LLC’s investment portfolio, making the stock its 11th biggest holding. Dynamic Wealth Strategies LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $3,039,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Aspetuck Financial Management LLC boosted its position in SPDR Portfolio Short Term Corporate Bond ETF by 0.3% in the second quarter. Aspetuck Financial Management LLC now owns 118,645 shares of the company’s stock worth $3,582,000 after purchasing an additional 390 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 0.5% in the second quarter. Parallel Advisors LLC now owns 95,967 shares of the company’s stock worth $2,897,000 after buying an additional 482 shares during the last quarter. Alpha Omega Wealth Management LLC grew its position in SPDR Portfolio Short Term Corporate Bond ETF by 0.8% during the second quarter. Alpha Omega Wealth Management LLC now owns 59,388 shares of the company’s stock valued at $1,793,000 after buying an additional 499 shares during the period. ARS Wealth Advisors Group LLC grew its position in SPDR Portfolio Short Term Corporate Bond ETF by 6.7% during the second quarter. ARS Wealth Advisors Group LLC now owns 7,941 shares of the company’s stock valued at $240,000 after buying an additional 500 shares during the period. Finally, Harbour Investments Inc. increased its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 7.1% during the second quarter. Harbour Investments Inc. now owns 8,300 shares of the company’s stock valued at $251,000 after buying an additional 552 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Trading Up 0.1%

Shares of SPDR Portfolio Short Term Corporate Bond ETF stock opened at $30.21 on Thursday. SPDR Portfolio Short Term Corporate Bond ETF has a 1-year low of $29.74 and a 1-year high of $30.34. The company’s fifty day simple moving average is $30.24 and its 200-day simple moving average is $30.16.

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.