Stephens Consulting LLC Trims Position in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Stephens Consulting LLC decreased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 57.6% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 872 shares of the company’s stock after selling 1,187 shares during the quarter. Stephens Consulting LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $26,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of SPSB. GAMMA Investing LLC lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 23.2% during the first quarter. GAMMA Investing LLC now owns 153,717 shares of the company’s stock valued at $4,627,000 after buying an additional 28,982 shares during the period. Cambridge Investment Research Advisors Inc. lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 4.4% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 463,512 shares of the company’s stock valued at $13,952,000 after buying an additional 19,593 shares during the period. Golden State Wealth Management LLC lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 996 shares of the company’s stock valued at $30,000 after buying an additional 498 shares during the period. Creative Financial Designs Inc. ADV lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 1.3% during the first quarter. Creative Financial Designs Inc. ADV now owns 326,565 shares of the company’s stock valued at $9,830,000 after buying an additional 4,254 shares during the period. Finally, Western Wealth Management LLC lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 19.2% during the first quarter. Western Wealth Management LLC now owns 42,187 shares of the company’s stock valued at $1,270,000 after buying an additional 6,800 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

Shares of SPSB opened at $30.21 on Monday. The company’s 50 day simple moving average is $30.21 and its 200 day simple moving average is $30.09. SPDR Portfolio Short Term Corporate Bond ETF has a 1 year low of $29.74 and a 1 year 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.