Climber Capital SA Invests $7.49 Million in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Climber Capital SA acquired a new position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 251,969 shares of the company’s stock, valued at approximately $7,491,000. SPDR Portfolio Short Term Corporate Bond ETF makes up 4.5% of Climber Capital SA’s holdings, making the stock its 4th largest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Eclectic Associates Inc. ADV bought a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 4th quarter worth $228,000. Marmo Financial Group LLC raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 1.8% in the 4th quarter. Marmo Financial Group LLC now owns 163,284 shares of the company’s stock worth $4,931,000 after buying an additional 2,829 shares in the last quarter. Manske Wealth Management raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 12.0% in the 4th quarter. Manske Wealth Management now owns 95,996 shares of the company’s stock worth $2,899,000 after buying an additional 10,309 shares in the last quarter. RFG Advisory LLC raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.2% in the 4th quarter. RFG Advisory LLC now owns 418,306 shares of the company’s stock worth $12,633,000 after buying an additional 13,160 shares in the last quarter. Finally, Avidian Wealth Enterprises LLC raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.8% in the 4th quarter. Avidian Wealth Enterprises LLC now owns 18,174 shares of the company’s stock worth $549,000 after buying an additional 662 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

SPSB opened at $30.00 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a one year low of $29.92 and a one year high of $30.34. The stock’s fifty day moving average is $30.08 and its 200-day moving average is $30.18.

SPDR Portfolio Short Term Corporate Bond ETF 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.