SPDR Portfolio Short Term Corporate Bond ETF $SPSB is Cedar Mountain Advisors LLC’s 8th Largest Position

Cedar Mountain Advisors LLC decreased its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 6.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 638,181 shares of the company’s stock after selling 41,798 shares during the quarter. SPDR Portfolio Short Term Corporate Bond ETF comprises approximately 3.7% of Cedar Mountain Advisors LLC’s investment portfolio, making the stock its 8th largest holding. Cedar Mountain Advisors LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $19,273,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Creative Planning lifted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 7.5% during the third quarter. Creative Planning now owns 48,756,348 shares of the company’s stock worth $1,476,830,000 after purchasing an additional 3,401,784 shares during the last quarter. LPL Financial LLC lifted its stake 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 during the last quarter. Valmark Advisers Inc. lifted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 4.1% during the fourth quarter. Valmark Advisers Inc. now owns 8,737,196 shares of the company’s stock worth $263,863,000 after purchasing an additional 340,112 shares during the last quarter. Advisory Alpha LLC lifted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 3.1% during the fourth quarter. Advisory Alpha LLC now owns 4,365,866 shares of the company’s stock worth $131,851,000 after purchasing an additional 130,510 shares during the last quarter. Finally, State Street Corp lifted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 8.9% during the second quarter. State Street Corp now owns 3,492,076 shares of the company’s stock worth $105,426,000 after purchasing an additional 286,709 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

SPSB stock opened at $29.92 on Wednesday. The business has a 50 day moving average price of $30.02 and a 200 day moving average price of $30.14. SPDR Portfolio Short Term Corporate Bond ETF has a fifty-two week low of $29.88 and a fifty-two week 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.