Strategic Point Investment Advisors LLC Has $35.94 Million Position in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Strategic Point Investment Advisors LLC boosted its position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 5.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,195,219 shares of the company’s stock after buying an additional 67,107 shares during the quarter. SPDR Portfolio Short Term Corporate Bond ETF makes up approximately 5.2% of Strategic Point Investment Advisors LLC’s portfolio, making the stock its 8th biggest position. Strategic Point Investment Advisors LLC owned about 0.36% of SPDR Portfolio Short Term Corporate Bond ETF worth $35,940,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of SPSB. Strive Financial Group LLC bought a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 4th quarter worth approximately $35,000. AlphaCore Capital LLC bought a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the 3rd quarter valued at $37,000. IFC & Insurance Marketing Inc. bought a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the 4th quarter valued at $58,000. CIBC Private Wealth Group LLC raised its position 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 worth $67,000 after purchasing an additional 334 shares during the period. Finally, Mcguire Capital Advisors Inc. purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF in the 4th quarter worth $72,000.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

SPDR Portfolio Short Term Corporate Bond ETF stock opened at $30.01 on Wednesday. The firm has a fifty day simple moving average of $30.00 and a two-hundred day simple moving average of $30.11. SPDR Portfolio Short Term Corporate Bond ETF has a twelve month low of $29.88 and a twelve month 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.