Mirae Asset Global Investments Co. Ltd. Trims Position in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Mirae Asset Global Investments Co. Ltd. lessened its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 5.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 300,310 shares of the company’s stock after selling 17,980 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $9,096,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Legacy Wealth Management LLC MS increased its position in SPDR Portfolio Short Term Corporate Bond ETF by 4.4% during the 3rd quarter. Legacy Wealth Management LLC MS now owns 8,148 shares of the company’s stock valued at $247,000 after purchasing an additional 342 shares during the period. Aspetuck Financial Management LLC boosted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 0.3% during the 2nd quarter. Aspetuck Financial Management LLC now owns 118,645 shares of the company’s stock valued at $3,582,000 after purchasing an additional 390 shares in the last quarter. Global Retirement Partners LLC boosted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 1.1% during the 3rd quarter. Global Retirement Partners LLC now owns 36,565 shares of the company’s stock valued at $1,108,000 after purchasing an additional 413 shares in the last quarter. Orion Capital Management LLC increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 1.1% during the third quarter. Orion Capital Management LLC now owns 36,642 shares of the company’s stock valued at $1,110,000 after buying an additional 416 shares during the period. Finally, AdvisorNet Financial Inc increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 2.8% during the third quarter. AdvisorNet Financial Inc now owns 15,767 shares of the company’s stock valued at $478,000 after buying an additional 423 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

Shares of SPSB opened at $30.31 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a one year low of $29.74 and a one year high of $30.34. The company has a 50-day simple moving average of $30.22 and a two-hundred day simple moving average of $30.21.

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.