Manning & Napier Advisors LLC Sells 65,930 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Manning & Napier Advisors LLC trimmed its position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 13.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 438,476 shares of the company’s stock after selling 65,930 shares during the period. Manning & Napier Advisors LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $13,242,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of SPSB. Westfuller Advisors LLC acquired a new stake in SPDR Portfolio Short Term Corporate Bond ETF in the 3rd quarter valued at $27,000. Bessemer Group Inc. bought a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the 3rd quarter valued at $30,000. Smartleaf Asset Management LLC raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 2,862.9% during the third quarter. Smartleaf Asset Management LLC now owns 1,037 shares of the company’s stock worth $31,000 after buying an additional 1,002 shares during the last quarter. AlphaCore Capital LLC acquired a new position in SPDR Portfolio Short Term Corporate Bond ETF during the third quarter worth $37,000. Finally, Root Financial Partners LLC bought a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the third quarter valued at $71,000.

SPDR Portfolio Short Term Corporate Bond ETF Trading Up 0.1%

Shares of NYSEARCA SPSB opened at $30.02 on Friday. The company has a 50-day moving average price of $30.08 and a 200-day moving average price of $30.18. SPDR Portfolio Short Term Corporate Bond ETF has a 1 year low of $29.92 and a 1 year 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.