Capital Wealth Management LLC Increases Position in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Capital Wealth Management LLC increased its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 4.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,227,718 shares of the company’s stock after purchasing an additional 56,973 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF makes up about 7.6% of Capital Wealth Management LLC’s holdings, making the stock its 3rd biggest position. Capital Wealth Management LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $36,844,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in SPSB. Strive Financial Group LLC acquired a new position in SPDR Portfolio Short Term Corporate Bond ETF in the fourth quarter valued at approximately $35,000. AlphaCore Capital LLC grew its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 48.0% during the 4th quarter. AlphaCore Capital LLC now owns 1,807 shares of the company’s stock worth $55,000 after buying an additional 586 shares during the period. IFC & Insurance Marketing Inc. bought a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 4th quarter valued at $58,000. EverSource Wealth Advisors LLC increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 106.5% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,028 shares of the company’s stock valued at $61,000 after acquiring an additional 1,046 shares in the last quarter. Finally, CIBC Private Wealth Group LLC increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 17.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 2,203 shares of the company’s stock valued at $67,000 after acquiring an additional 334 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Trading Down 0.5%

SPDR Portfolio Short Term Corporate Bond ETF stock opened at $29.77 on Wednesday. SPDR Portfolio Short Term Corporate Bond ETF has a 12-month low of $29.77 and a 12-month 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.