Wellington Grp LLC Acquires 25,417 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Wellington Grp LLC boosted its holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 9.4% during the first quarter, Holdings Channel.com reports. The fund owned 297,005 shares of the company’s stock after buying an additional 25,417 shares during the quarter. SPDR Portfolio Short Term Corporate Bond ETF accounts for 2.8% of Wellington Grp LLC’s investment portfolio, making the stock its 11th largest holding. Wellington Grp LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $8,931,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Strive Financial Group LLC bought a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF during the 4th quarter valued at about $35,000. AlphaCore Capital LLC increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 48.0% in the fourth 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 last quarter. IFC & Insurance Marketing Inc. bought a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the fourth quarter worth approximately $58,000. EverSource Wealth Advisors LLC increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 106.5% in the first quarter. EverSource Wealth Advisors LLC now owns 2,028 shares of the company’s stock worth $61,000 after purchasing an additional 1,046 shares during the last quarter. Finally, CIBC Private Wealth Group LLC raised its stake in SPDR Portfolio Short Term Corporate Bond ETF by 17.9% in the fourth quarter. CIBC Private Wealth Group LLC now owns 2,203 shares of the company’s stock valued at $67,000 after purchasing an additional 334 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Trading Down 0.1%

Shares of SPDR Portfolio Short Term Corporate Bond ETF stock opened at $29.94 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a 1 year low of $29.84 and a 1 year high of $30.34. The company has a 50 day simple moving average of $29.95 and a two-hundred day simple moving average of $30.06.

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.