Red Cedar Investment Management LLC Sells 280,390 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Red Cedar Investment Management LLC decreased its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 38.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 441,397 shares of the company’s stock after selling 280,390 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF makes up about 1.2% of Red Cedar Investment Management LLC’s portfolio, making the stock its 20th largest position. Red Cedar Investment Management LLC owned approximately 0.12% of SPDR Portfolio Short Term Corporate Bond ETF worth $13,061,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of SPSB. Bank of America Corp DE increased its position 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 worth $223,611,000 after acquiring 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% in the 2nd quarter. Baird Financial Group Inc. now owns 6,659,159 shares of the company’s stock valued at $199,841,000 after acquiring an additional 663,851 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in SPDR Portfolio Short Term Corporate Bond ETF by 11.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,899,175 shares of the company’s stock valued at $177,034,000 after acquiring an additional 593,008 shares in the last quarter. State Street Corp boosted its stake in 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 valued at $105,941,000 after purchasing an additional 269,832 shares during the last quarter. Finally, MCF Advisors LLC boosted its stake 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 Trading Down 0.0%

SPSB stock opened at $29.71 on Tuesday. The business has a 50-day simple moving average of $29.67 and a two-hundred day simple moving average of $29.95. SPDR Portfolio Short Term Corporate Bond ETF has a 52-week low of $29.45 and a 52-week high of $30.34.

About SPDR Portfolio Short Term Corporate Bond ETF

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.