MGO One Seven LLC Purchases New Shares in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

MGO One Seven LLC acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 146,293 shares of the company’s stock, valued at approximately $4,329,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Valmark Advisers Inc. increased its position in SPDR Portfolio Short Term Corporate Bond ETF by 4.5% in the first quarter. Valmark Advisers Inc. now owns 9,127,167 shares of the company’s stock worth $274,454,000 after purchasing an additional 389,971 shares during the last quarter. Bank of America Corp DE raised its stake in SPDR Portfolio Short Term Corporate Bond ETF by 52.9% during the first quarter. Bank of America Corp DE now owns 7,436,338 shares of the company’s stock valued at $223,611,000 after purchasing an additional 2,573,239 shares in the last quarter. Baird Financial Group Inc. lifted its position in SPDR Portfolio Short Term Corporate Bond ETF by 11.1% during the second quarter. Baird Financial Group Inc. now owns 6,659,159 shares of the company’s stock valued at $199,841,000 after purchasing an additional 663,851 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in SPDR Portfolio Short Term Corporate Bond ETF by 11.2% during the second quarter. Envestnet Asset Management Inc. now owns 5,899,175 shares of the company’s stock valued at $177,034,000 after purchasing an additional 593,008 shares during the last quarter. Finally, State Street Corp lifted its position in SPDR Portfolio Short Term Corporate Bond ETF by 8.3% during the second quarter. State Street Corp now owns 3,530,180 shares of the company’s stock valued at $105,941,000 after purchasing an additional 269,832 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

Shares of NYSEARCA:SPSB opened at $29.63 on Tuesday. SPDR Portfolio Short Term Corporate Bond ETF has a 52 week low of $29.45 and a 52 week high of $30.34. The firm has a fifty day simple moving average of $29.69 and a two-hundred day simple moving average of $29.96.

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.