SPDR Portfolio Short Term Corporate Bond ETF $SPSB Stock: Winthrop Capital Management LLC Boosts Stake

Winthrop Capital Management LLC boosted its stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 4.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 699,193 shares of the company’s stock after buying an additional 27,633 shares during the quarter. SPDR Portfolio Short Term Corporate Bond ETF makes up about 5.1% of Winthrop Capital Management LLC’s investment portfolio, making the stock its 2nd largest position. Winthrop Capital Management LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $20,689,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPSB. Bank of America Corp DE lifted its holdings in shares of 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 acquiring an additional 2,573,239 shares during the period. Baird Financial Group Inc. increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 11.1% during the 2nd quarter. Baird Financial Group Inc. now owns 6,659,159 shares of the company’s stock worth $199,841,000 after purchasing an additional 663,851 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 11.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,899,175 shares of the company’s stock worth $177,034,000 after purchasing an additional 593,008 shares in the last quarter. State Street Corp increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 8.3% during the 2nd quarter. State Street Corp now owns 3,530,180 shares of the company’s stock worth $105,941,000 after purchasing an additional 269,832 shares in the last quarter. Finally, MCF Advisors LLC lifted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 15.7% during the 2nd quarter. MCF Advisors LLC now owns 3,503,919 shares of the company’s stock valued at $105,153,000 after purchasing an additional 475,713 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

Shares of SPSB stock opened at $29.62 on Thursday. SPDR Portfolio Short Term Corporate Bond ETF has a 12-month low of $29.45 and a 12-month high of $30.34. The firm has a 50-day moving average price of $29.66 and a 200 day moving average price of $29.94.

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.