SPDR Portfolio Short Term Corporate Bond ETF $SPSB Shares Sold by Seven Mile Advisory

Seven Mile Advisory lessened its stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 48.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 26,450 shares of the company’s stock after selling 25,108 shares during the quarter. Seven Mile Advisory’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $799,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in SPSB. Bessemer Group Inc. purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF during the third quarter valued at $30,000. Smartleaf Asset Management LLC increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 2,862.9% during the third quarter. Smartleaf Asset Management LLC now owns 1,037 shares of the company’s stock worth $31,000 after purchasing an additional 1,002 shares in the last quarter. AlphaCore Capital LLC acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the 3rd quarter worth about $37,000. IFC & Insurance Marketing Inc. acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the 4th quarter worth about $58,000. Finally, CIBC Private Wealth Group LLC lifted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 17.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 2,203 shares of the company’s stock valued at $67,000 after buying an additional 334 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

Shares of SPDR Portfolio Short Term Corporate Bond ETF stock opened at $29.97 on Monday. SPDR Portfolio Short Term Corporate Bond ETF has a twelve month low of $29.88 and a twelve month high of $30.34. The firm’s 50-day moving average price is $30.02 and its 200 day moving average price is $30.13.

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.