Manning & Napier Advisors LLC Has $18.50 Million Stock Position in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Manning & Napier Advisors LLC boosted its holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 40.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 615,348 shares of the company’s stock after buying an additional 176,872 shares during the period. Manning & Napier Advisors LLC owned approximately 0.18% of SPDR Portfolio Short Term Corporate Bond ETF worth $18,504,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Money Concepts Capital Corp grew its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.2% in the first quarter. Money Concepts Capital Corp now owns 255,287 shares of the company’s stock worth $7,676,000 after acquiring an additional 7,892 shares during the last quarter. Beam Wealth Advisors Inc. raised its stake in SPDR Portfolio Short Term Corporate Bond ETF by 12.6% during the 1st quarter. Beam Wealth Advisors Inc. now owns 15,025 shares of the company’s stock valued at $452,000 after purchasing an additional 1,676 shares during the last quarter. Staley Capital Advisers Inc. raised its stake in SPDR Portfolio Short Term Corporate Bond ETF by 0.8% during the 1st quarter. Staley Capital Advisers Inc. now owns 163,575 shares of the company’s stock valued at $4,919,000 after purchasing an additional 1,350 shares during the last quarter. Penobscot Investment Management Company Inc. raised its stake in SPDR Portfolio Short Term Corporate Bond ETF by 1.0% during the 1st quarter. Penobscot Investment Management Company Inc. now owns 52,010 shares of the company’s stock valued at $1,564,000 after purchasing an additional 520 shares during the last quarter. Finally, Rockwood Wealth Management LLC boosted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 7.5% in the 1st quarter. Rockwood Wealth Management LLC now owns 2,408,155 shares of the company’s stock valued at $72,413,000 after purchasing an additional 167,613 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

NYSEARCA SPSB traded down $0.02 during midday trading on Friday, hitting $29.89. The company had a trading volume of 2,023,540 shares, compared to its average volume of 3,345,521. The firm has a fifty day simple moving average of $29.97 and a two-hundred day simple moving average of $30.09. SPDR Portfolio Short Term Corporate Bond ETF has a fifty-two week low of $29.87 and a fifty-two week 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.