80,342 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB Purchased by StoneX Group Inc.

StoneX Group Inc. acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) in the third quarter, HoldingsChannel.com reports. The firm acquired 80,342 shares of the company’s stock, valued at approximately $2,377,000.

Several other hedge funds have also added to or reduced their stakes in SPSB. Bank of America Corp DE boosted its stake 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 valued at $223,611,000 after purchasing an additional 2,573,239 shares in the last quarter. Orange Investment Advisors Inc. bought a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the third quarter worth about $36,004,000. Commonwealth Equity Services LLC bought a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the third quarter worth about $30,881,000. Allspring Global Investments Holdings LLC increased its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 214,197.6% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 992,198 shares of the company’s stock valued at $29,781,000 after purchasing an additional 991,735 shares during the period. Finally, Gemmer Asset Management LLC increased its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 91.8% during the 3rd quarter. Gemmer Asset Management LLC now owns 1,626,010 shares of the company’s stock valued at $48,114,000 after purchasing an additional 778,032 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

SPSB opened at $29.72 on Monday. SPDR Portfolio Short Term Corporate Bond ETF has a 52-week low of $29.45 and a 52-week high of $30.34. The stock’s 50 day moving average price is $29.67 and its 200-day moving average price is $29.95.

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.