Orion Capital Management LLC Lowers Position in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Orion Capital Management LLC trimmed its position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 18.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 36,226 shares of the company’s stock after selling 7,992 shares during the period. Orion Capital Management LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $1,094,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of SPSB. Valmark Advisers Inc. boosted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.7% in the second quarter. Valmark Advisers Inc. now owns 8,023,854 shares of the company’s stock valued at $242,240,000 after purchasing an additional 286,606 shares during the period. Baird Financial Group Inc. increased its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 6.0% in the 1st quarter. Baird Financial Group Inc. now owns 4,125,700 shares of the company’s stock worth $124,184,000 after acquiring an additional 233,609 shares during the period. Rockwood Wealth Management LLC raised its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.5% during the second quarter. Rockwood Wealth Management LLC now owns 2,043,547 shares of the company’s stock valued at $61,695,000 after buying an additional 69,574 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 12.3% in the first quarter. Ameriprise Financial Inc. now owns 1,478,244 shares of the company’s stock worth $44,497,000 after purchasing an additional 162,239 shares in the last quarter. Finally, Walker Financial Services Inc. increased its stake in SPDR Portfolio Short Term Corporate Bond ETF by 7.1% during the 2nd quarter. Walker Financial Services Inc. now owns 1,328,635 shares of the company’s stock valued at $40,111,000 after buying an additional 88,018 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Trading Up 0.0%

Shares of SPDR Portfolio Short Term Corporate Bond ETF stock opened at $30.31 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a 52 week low of $29.74 and a 52 week high of $30.34. The company’s 50-day moving average price is $30.24 and its two-hundred day moving average price is $30.11.

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.