Modern Wealth Management LLC Buys 119,637 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Modern Wealth Management LLC boosted its position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 20.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 705,285 shares of the company’s stock after acquiring an additional 119,637 shares during the quarter. Modern Wealth Management LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $21,293,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Friedenthal Financial purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 2nd quarter worth about $36,000. Ameritas Investment Partners Inc. lifted its position in SPDR Portfolio Short Term Corporate Bond ETF by 88.4% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,905 shares of the company’s stock worth $58,000 after buying an additional 894 shares during the last quarter. Allworth Financial LP boosted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 65.2% in the second quarter. Allworth Financial LP now owns 2,092 shares of the company’s stock worth $63,000 after buying an additional 826 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in SPDR Portfolio Short Term Corporate Bond ETF during the second quarter valued at approximately $71,000. Finally, Riverview Trust Co purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the second quarter worth approximately $99,000.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

Shares of SPDR Portfolio Short Term Corporate Bond ETF stock opened at $30.21 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a 52-week low of $29.74 and a 52-week high of $30.34. The company has a fifty day moving average of $30.23 and a 200-day moving average of $30.17.

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.