Litman Gregory Wealth Management LLC Sells 151,663 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Litman Gregory Wealth Management LLC decreased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 20.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 596,546 shares of the company’s stock after selling 151,663 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF accounts for 1.3% of Litman Gregory Wealth Management LLC’s investment portfolio, making the stock its 19th biggest holding. Litman Gregory Wealth Management LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $18,069,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPSB. Sheets Smith Wealth Management increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 4.4% in the third quarter. Sheets Smith Wealth Management now owns 25,401 shares of the company’s stock worth $769,000 after purchasing an additional 1,074 shares during the period. Sharper & Granite LLC boosted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 6.2% during the 3rd quarter. Sharper & Granite LLC now owns 57,930 shares of the company’s stock valued at $1,755,000 after purchasing an additional 3,368 shares during the period. CWM LLC grew its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 0.3% in the 3rd quarter. CWM LLC now owns 719,406 shares of the company’s stock valued at $21,791,000 after buying an additional 2,155 shares during the last quarter. Capital Wealth Management LLC increased its position in SPDR Portfolio Short Term Corporate Bond ETF by 1.2% in the 3rd quarter. Capital Wealth Management LLC now owns 1,029,121 shares of the company’s stock worth $31,172,000 after buying an additional 12,168 shares during the period. Finally, Gemmer Asset Management LLC increased its position in SPDR Portfolio Short Term Corporate Bond ETF by 8.2% in the 3rd quarter. Gemmer Asset Management LLC now owns 1,156,873 shares of the company’s stock worth $35,042,000 after buying an additional 87,709 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Trading Up 0.1%

Shares of SPSB stock opened at $30.17 on Friday. The stock has a 50 day moving average of $30.22 and a 200-day moving average of $30.18. SPDR Portfolio Short Term Corporate Bond ETF has a 12 month low of $29.74 and a 12 month high of $30.34.

SPDR Portfolio Short Term Corporate Bond ETF Company 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.