SSA Swiss Advisors AG Invests $3.36 Million in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

SSA Swiss Advisors AG acquired a new position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) in the first quarter, Holdings Channel.com reports. The firm acquired 111,584 shares of the company’s stock, valued at approximately $3,358,000. SPDR Portfolio Short Term Corporate Bond ETF accounts for approximately 1.7% of SSA Swiss Advisors AG’s investment portfolio, making the stock its 19th biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. BIP Wealth LLC increased its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 1.7% in the fourth quarter. BIP Wealth LLC now owns 552,532 shares of the company’s stock worth $16,499,000 after buying an additional 9,233 shares during the period. GAMMA Investing LLC increased its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 23.2% in the first quarter. GAMMA Investing LLC now owns 153,717 shares of the company’s stock worth $4,627,000 after buying an additional 28,982 shares during the period. Golden State Wealth Management LLC increased its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 996 shares of the company’s stock worth $30,000 after buying an additional 498 shares during the period. Climber Capital SA purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the fourth quarter worth about $7,536,000. Finally, Headland Capital LLC purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the fourth quarter worth about $225,000.

SPDR Portfolio Short Term Corporate Bond ETF Trading Up 0.1%

SPSB opened at $30.14 on Wednesday. The business’s 50-day moving average price is $30.05 and its 200-day moving average price is $30.00. SPDR Portfolio Short Term Corporate Bond ETF has a 12 month low of $29.74 and a 12 month high of $30.31.

SPDR Portfolio Short Term Corporate Bond ETF Company 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.