Powerhouse Assets LLC Makes New Investment in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Powerhouse Assets LLC purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 78,547 shares of the company’s stock, valued at approximately $2,372,000. SPDR Portfolio Short Term Corporate Bond ETF makes up about 2.1% of Powerhouse Assets LLC’s holdings, making the stock its 9th biggest holding.

A number of other institutional investors have also modified their holdings of the company. RDA Financial Network lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.4% during the fourth quarter. RDA Financial Network now owns 10,475 shares of the company’s stock valued at $316,000 after buying an additional 340 shares during the period. Legacy Wealth Management LLC MS grew its stake in SPDR Portfolio Short Term Corporate Bond ETF by 4.4% in the 3rd quarter. Legacy Wealth Management LLC MS now owns 8,148 shares of the company’s stock worth $247,000 after acquiring an additional 342 shares during the period. Lake Street Private Wealth LLC grew its stake in SPDR Portfolio Short Term Corporate Bond ETF by 3.2% in the 4th quarter. Lake Street Private Wealth LLC now owns 12,527 shares of the company’s stock worth $378,000 after acquiring an additional 384 shares during the period. Global Retirement Partners LLC raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 1.1% in the 3rd quarter. Global Retirement Partners LLC now owns 36,565 shares of the company’s stock valued at $1,108,000 after acquiring an additional 413 shares during the last quarter. Finally, Orion Capital Management LLC raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 1.1% in the 3rd quarter. Orion Capital Management LLC now owns 36,642 shares of the company’s stock valued at $1,110,000 after acquiring an additional 416 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

Shares of SPDR Portfolio Short Term Corporate Bond ETF stock opened at $29.98 on Thursday. SPDR Portfolio Short Term Corporate Bond ETF has a fifty-two week low of $29.74 and a fifty-two week high of $30.34. The business’s fifty day moving average is $30.18 and its two-hundred day moving average is $30.21.

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.