Zhang Financial LLC Decreases Stock Position in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Zhang Financial LLC lessened its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 1.3% during the second quarter, Holdings Channel reports. The firm owned 38,925 shares of the company’s stock after selling 499 shares during the quarter. Zhang Financial LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $1,175,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. GWN Securities Inc. increased its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 129.0% during the 2nd quarter. GWN Securities Inc. now owns 72,954 shares of the company’s stock valued at $2,204,000 after purchasing an additional 41,103 shares during the period. Advisory Alpha LLC increased its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 0.3% during the 2nd quarter. Advisory Alpha LLC now owns 3,845,566 shares of the company’s stock valued at $116,098,000 after purchasing an additional 9,803 shares during the period. First Command Advisory Services Inc. increased its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 14.9% during the 2nd quarter. First Command Advisory Services Inc. now owns 99,654 shares of the company’s stock valued at $3,009,000 after purchasing an additional 12,931 shares during the period. New Hampshire Trust increased its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 17.3% during the 2nd quarter. New Hampshire Trust now owns 14,435 shares of the company’s stock valued at $436,000 after purchasing an additional 2,124 shares during the period. Finally, McCarthy Asset Management Inc. increased its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 13.0% during the 2nd quarter. McCarthy Asset Management Inc. now owns 881,003 shares of the company’s stock valued at $26,597,000 after purchasing an additional 101,286 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

Shares of NYSEARCA:SPSB opened at $30.32 on Wednesday. SPDR Portfolio Short Term Corporate Bond ETF has a 1 year low of $29.74 and a 1 year high of $30.34. The stock’s 50-day moving average is $30.25 and its 200 day moving average is $30.12.

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.