Powerhouse Assets LLC Takes $2.37 Million Position in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Powerhouse Assets LLC acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 78,547 shares of the company’s stock, valued at approximately $2,372,000. SPDR Portfolio Short Term Corporate Bond ETF makes up approximately 2.1% of Powerhouse Assets LLC’s investment portfolio, making the stock its 9th largest position.

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

SPDR Portfolio Short Term Corporate Bond ETF Stock Down 0.3%

SPSB opened at $29.98 on Thursday. SPDR Portfolio Short Term Corporate Bond ETF has a 52 week low of $29.74 and a 52 week high of $30.34. The business’s fifty day simple moving average is $30.18 and its 200 day simple moving average is $30.21.

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.