Sowell Financial Services LLC Buys 26,154 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Sowell Financial Services LLC purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 26,154 shares of the company’s stock, valued at approximately $774,000.

Several other institutional investors have also recently made changes to their positions in the company. Evergreen Capital Management LLC bought a new position in SPDR Portfolio Short Term Corporate Bond ETF during the 3rd quarter worth about $341,000. Gibbs Wealth Management increased its position in SPDR Portfolio Short Term Corporate Bond ETF by 14.9% during the 3rd quarter. Gibbs Wealth Management now owns 274,563 shares of the company’s stock valued at $8,124,000 after purchasing an additional 35,528 shares during the period. BIP Wealth LLC raised its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 12.8% in the 3rd quarter. BIP Wealth LLC now owns 1,965,972 shares of the company’s stock valued at $58,173,000 after purchasing an additional 222,974 shares in the last quarter. OLIO Financial Planning raised its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 14.3% in the 3rd quarter. OLIO Financial Planning now owns 102,027 shares of the company’s stock valued at $3,019,000 after purchasing an additional 12,734 shares in the last quarter. Finally, Indiana Trust & Investment Management Co bought a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 3rd quarter valued at about $36,000.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

Shares of SPSB opened at $29.75 on Monday. The company has a 50 day moving average price of $29.70 and a 200-day moving average price of $29.96. SPDR Portfolio Short Term Corporate Bond ETF has a fifty-two week low of $29.45 and a fifty-two week high of $30.34.

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.