Mascoma Wealth Management LLC Grows Position in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Mascoma Wealth Management LLC boosted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 59.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 124,671 shares of the company’s stock after buying an additional 46,405 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF accounts for approximately 0.8% of Mascoma Wealth Management LLC’s portfolio, making the stock its 23rd biggest holding. Mascoma Wealth Management LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $3,749,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPSB. Strive Financial Group LLC acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 4th quarter valued at $35,000. AlphaCore Capital LLC boosted its stake in 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 purchasing an additional 586 shares during the period. IFC & Insurance Marketing Inc. purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF during the 4th quarter worth $58,000. CIBC Private Wealth Group LLC grew its position in SPDR Portfolio Short Term Corporate Bond ETF by 17.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 2,203 shares of the company’s stock worth $67,000 after purchasing an additional 334 shares during the last quarter. Finally, Root Financial Partners LLC grew its position in SPDR Portfolio Short Term Corporate Bond ETF by 112.2% during the 1st quarter. Root Financial Partners LLC now owns 2,368 shares of the company’s stock worth $71,000 after purchasing an additional 1,252 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Trading Down 0.1%

NYSEARCA SPSB traded down $0.02 during trading on Friday, reaching $29.89. The company’s stock had a trading volume of 2,023,540 shares, compared to its average volume of 3,345,521. The business’s fifty day moving average price is $29.97 and its 200-day moving average price is $30.09. SPDR Portfolio Short Term Corporate Bond ETF has a twelve month low of $29.87 and a twelve month 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.