Capital Wealth Management LLC Buys 56,973 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Capital Wealth Management LLC raised its stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 4.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,227,718 shares of the company’s stock after buying an additional 56,973 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF comprises about 7.6% of Capital Wealth Management LLC’s portfolio, making the stock its 3rd biggest position. Capital Wealth Management LLC owned 0.34% of SPDR Portfolio Short Term Corporate Bond ETF worth $36,844,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Creative Planning lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 7.5% in the third quarter. Creative Planning now owns 48,756,348 shares of the company’s stock worth $1,476,830,000 after acquiring an additional 3,401,784 shares during the period. LPL Financial LLC raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 19.2% during the 4th quarter. LPL Financial LLC now owns 9,425,480 shares of the company’s stock worth $284,649,000 after purchasing an additional 1,518,271 shares during the last quarter. Valmark Advisers Inc. lifted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 4.5% in the 1st quarter. Valmark Advisers Inc. now owns 9,127,167 shares of the company’s stock worth $274,454,000 after purchasing an additional 389,971 shares during the period. Morgan Stanley lifted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 13.2% in the 4th quarter. Morgan Stanley now owns 8,712,343 shares of the company’s stock worth $263,113,000 after purchasing an additional 1,017,975 shares during the period. Finally, Bank of America Corp DE lifted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 52.9% in the 1st quarter. Bank of America Corp DE now owns 7,436,338 shares of the company’s stock worth $223,611,000 after purchasing an additional 2,573,239 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Stock Down 0.5%

NYSEARCA:SPSB opened at $29.77 on Wednesday. SPDR Portfolio Short Term Corporate Bond ETF has a 52 week low of $29.77 and a 52 week high of $30.34. The firm’s fifty day moving average is $29.92 and its 200-day moving average is $30.01.

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.