SPDR Portfolio Short Term Corporate Bond ETF $SPSB Stock Purchased by Stone Summit Wealth LLC

Stone Summit Wealth LLC boosted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 124.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 162,067 shares of the company’s stock after purchasing an additional 89,855 shares during the quarter. SPDR Portfolio Short Term Corporate Bond ETF comprises approximately 1.3% of Stone Summit Wealth LLC’s investment portfolio, making the stock its 24th biggest position. Stone Summit Wealth LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $4,796,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. First County Bank CT raised its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.4% in the second quarter. First County Bank CT now owns 12,105 shares of the company’s stock valued at $363,000 after purchasing an additional 395 shares during the period. Rinkey Investments boosted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 5.7% during the 2nd quarter. Rinkey Investments now owns 9,456 shares of the company’s stock worth $284,000 after buying an additional 512 shares during the period. Penobscot Investment Management Company Inc. boosted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 1.0% during the 1st quarter. Penobscot Investment Management Company Inc. now owns 52,010 shares of the company’s stock worth $1,564,000 after buying an additional 520 shares during the period. Mustard Seed Financial LLC boosted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.3% during the 1st quarter. Mustard Seed Financial LLC now owns 17,548 shares of the company’s stock worth $528,000 after buying an additional 568 shares during the period. Finally, GK Wealth Management LLC grew its stake in SPDR Portfolio Short Term Corporate Bond ETF by 3.1% in the 3rd quarter. GK Wealth Management LLC now owns 19,559 shares of the company’s stock valued at $579,000 after buying an additional 591 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

Shares of SPSB opened at $29.61 on Wednesday. SPDR Portfolio Short Term Corporate Bond ETF has a 52 week low of $29.45 and a 52 week high of $30.34. The firm’s 50-day simple moving average is $29.76 and its 200 day simple moving average is $29.91.

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.