SSA Swiss Advisors AG lowered its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB – Free Report) by 42.0% in the fourth quarter, Holdings Channel reports. The firm owned 49,483 shares of the company’s stock after selling 35,845 shares during the quarter. SSA Swiss Advisors AG’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $1,495,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently added to or reduced their stakes in SPSB. Creative Planning boosted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 7.5% in the third quarter. Creative Planning now owns 48,756,348 shares of the company’s stock valued at $1,476,830,000 after acquiring an additional 3,401,784 shares in the last quarter. LPL Financial LLC raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 19.2% during the fourth quarter. LPL Financial LLC now owns 9,425,480 shares of the company’s stock worth $284,649,000 after purchasing an additional 1,518,271 shares in the last quarter. Wells Fargo & Company MN lifted its position in SPDR Portfolio Short Term Corporate Bond ETF by 52.7% in the fourth quarter. Wells Fargo & Company MN now owns 3,677,610 shares of the company’s stock valued at $111,064,000 after purchasing an additional 1,269,768 shares during the period. SoundView Advisors Inc. acquired a new stake in SPDR Portfolio Short Term Corporate Bond ETF in the fourth quarter valued at about $30,807,000. Finally, Morgan Stanley boosted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 13.2% in the 4th quarter. Morgan Stanley now owns 8,712,343 shares of the company’s stock valued at $263,113,000 after purchasing an additional 1,017,975 shares in the last quarter.
SPDR Portfolio Short Term Corporate Bond ETF Trading Up 0.2%
NYSEARCA SPSB opened at $29.96 on Friday. The business’s 50 day moving average is $30.01 and its two-hundred day moving average is $30.12. SPDR Portfolio Short Term Corporate Bond ETF has a 12-month low of $29.88 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.
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Want to see what other hedge funds are holding SPSB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB – Free Report).
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