Orange Investment Advisors Inc. lessened its position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB – Free Report) by 1.7% in the fourth quarter, HoldingsChannel reports. The fund owned 1,135,263 shares of the company’s stock after selling 20,012 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF accounts for approximately 3.8% of Orange Investment Advisors Inc.’s investment portfolio, making the stock its 6th largest holding. Orange Investment Advisors Inc.’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $34,285,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Brown Advisory Inc. boosted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 11.7% in the 2nd quarter. Brown Advisory Inc. now owns 7,817 shares of the company’s stock valued at $236,000 after purchasing an additional 820 shares during the period. Cerity Partners LLC increased its position in SPDR Portfolio Short Term Corporate Bond ETF by 3.5% during the 2nd quarter. Cerity Partners LLC now owns 14,802 shares of the company’s stock worth $447,000 after buying an additional 497 shares during the period. State Street Corp lifted its holdings in shares of 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 buying an additional 286,709 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 583.7% during the second quarter. Sei Investments Co. now owns 107,761 shares of the company’s stock worth $3,253,000 after buying an additional 92,000 shares in the last quarter. Finally, Main Street Financial Solutions LLC bought a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the second quarter valued at about $814,000.
SPDR Portfolio Short Term Corporate Bond ETF Price Performance
Shares of SPDR Portfolio Short Term Corporate Bond ETF stock opened at $29.99 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a 52-week low of $29.92 and a 52-week high of $30.34. The firm has a 50-day moving average of $30.03 and a 200-day moving average of $30.16.
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.
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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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