SPDR Portfolio Short Term Corporate Bond ETF $SPSB Shares Sold by Modern Wealth Management LLC

Modern Wealth Management LLC lowered its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 22.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 631,578 shares of the company’s stock after selling 184,280 shares during the period. Modern Wealth Management LLC owned approximately 0.19% of SPDR Portfolio Short Term Corporate Bond ETF worth $18,935,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in SPSB. Strive Financial Group LLC purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 4th quarter worth $35,000. AlphaCore Capital LLC grew its position in SPDR Portfolio Short Term Corporate Bond ETF by 48.0% during the fourth quarter. AlphaCore Capital LLC now owns 1,807 shares of the company’s stock valued at $55,000 after acquiring an additional 586 shares during the period. IFC & Insurance Marketing Inc. purchased a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the fourth quarter valued at about $58,000. CIBC Private Wealth Group LLC increased its stake in SPDR Portfolio Short Term Corporate Bond ETF by 17.9% during the fourth quarter. CIBC Private Wealth Group LLC now owns 2,203 shares of the company’s stock worth $67,000 after acquiring an additional 334 shares during the last quarter. Finally, Root Financial Partners LLC increased its stake in SPDR Portfolio Short Term Corporate Bond ETF by 112.2% during the first quarter. Root Financial Partners LLC now owns 2,368 shares of the company’s stock worth $71,000 after acquiring an additional 1,252 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

SPDR Portfolio Short Term Corporate Bond ETF stock opened at $29.87 on Friday. The stock’s 50-day moving average is $29.95 and its 200-day moving average is $30.08. SPDR Portfolio Short Term Corporate Bond ETF has a 12 month low of $29.84 and a 12 month high of $30.34.

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.