Zinnia Wealth Advisory LLC Invests $1.60 Million in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Zinnia Wealth Advisory LLC acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 52,842 shares of the company’s stock, valued at approximately $1,596,000. SPDR Portfolio Short Term Corporate Bond ETF comprises about 1.7% of Zinnia Wealth Advisory LLC’s investment portfolio, making the stock its 16th largest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bessemer Group Inc. purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF during the third quarter worth $30,000. Smartleaf Asset Management LLC lifted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 2,862.9% in the third quarter. Smartleaf Asset Management LLC now owns 1,037 shares of the company’s stock valued at $31,000 after acquiring an additional 1,002 shares in the last quarter. AlphaCore Capital LLC acquired a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF during the third quarter valued at $37,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF during the fourth quarter valued at $58,000. Finally, CIBC Private Wealth Group LLC increased its position in SPDR Portfolio Short Term Corporate Bond ETF by 17.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 2,203 shares of the company’s stock worth $67,000 after purchasing an additional 334 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

Shares of SPSB stock opened at $29.97 on Monday. The firm has a 50-day moving average price of $30.02 and a 200 day moving average price of $30.13. SPDR Portfolio Short Term Corporate Bond ETF has a twelve month low of $29.88 and a twelve month high of $30.34.

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.