SPDR Portfolio Short Term Corporate Bond ETF $SPSB Shares Sold by Modern Wealth Management LLC

Modern Wealth Management LLC lessened its holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 22.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 631,578 shares of the company’s stock after selling 184,280 shares during the period. Modern Wealth Management LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $18,935,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Strive Financial Group LLC acquired a new stake in SPDR Portfolio Short Term Corporate Bond ETF in the 4th quarter valued at $35,000. AlphaCore Capital LLC raised its position in SPDR Portfolio Short Term Corporate Bond ETF by 48.0% in the fourth quarter. AlphaCore Capital LLC now owns 1,807 shares of the company’s stock valued at $55,000 after purchasing an additional 586 shares during the period. IFC & Insurance Marketing Inc. acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the fourth quarter worth about $58,000. CIBC Private Wealth Group LLC lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 17.9% during the fourth 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 in the last quarter. Finally, Root Financial Partners LLC lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 112.2% during the first quarter. Root Financial Partners LLC now owns 2,368 shares of the company’s stock worth $71,000 after purchasing an additional 1,252 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Down 0.1%

Shares of NYSEARCA SPSB opened at $29.87 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a 1-year low of $29.84 and a 1-year high of $30.34. The business has a 50-day moving average of $29.95 and a 200-day moving average of $30.08.

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.