SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) Shares Purchased by BIP Wealth LLC

BIP Wealth LLC raised its stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 9.5% in the third quarter, HoldingsChannel reports. The fund owned 543,299 shares of the company’s stock after purchasing an additional 46,944 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF accounts for approximately 1.1% of BIP Wealth LLC’s investment portfolio, making the stock its 13th largest holding. BIP Wealth LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $16,451,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Bank of New York Mellon Corp boosted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 37.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,820,340 shares of the company’s stock worth $54,064,000 after acquiring an additional 495,999 shares in the last quarter. Manning & Napier Advisors LLC purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF during the second quarter worth approximately $35,053,000. Hudson Valley Investment Advisors Inc. ADV grew its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 108.5% in the third quarter. Hudson Valley Investment Advisors Inc. ADV now owns 1,016,952 shares of the company’s stock valued at $30,793,000 after purchasing an additional 529,121 shares during the period. Arkansas Financial Group Inc. increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 21.6% in the third quarter. Arkansas Financial Group Inc. now owns 983,719 shares of the company’s stock valued at $29,787,000 after buying an additional 174,813 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 130.7% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 406,916 shares of the company’s stock worth $12,085,000 after buying an additional 230,569 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Trading Up 0.1 %

Shares of NYSEARCA:SPSB opened at $29.93 on Tuesday. The business’s 50 day moving average price is $30.09 and its 200-day moving average price is $29.90. SPDR Portfolio Short Term Corporate Bond ETF has a 1 year low of $29.42 and a 1 year high of $30.31.

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.