GK Wealth Management LLC Purchases New Shares in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

GK Wealth Management LLC acquired a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 18,968 shares of the company’s stock, valued at approximately $569,000.

Several other institutional investors have also added to or reduced their stakes in SPSB. CIBC Private Wealth Group LLC lifted its position in shares of 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. Great Valley Advisor Group Inc. boosted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 4.2% during the 4th quarter. Great Valley Advisor Group Inc. now owns 8,542 shares of the company’s stock valued at $258,000 after purchasing an additional 342 shares in the last quarter. First County Bank CT increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.4% during the second quarter. First County Bank CT now owns 12,105 shares of the company’s stock valued at $363,000 after buying an additional 395 shares during the period. Cerity Partners LLC increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.5% during the second quarter. Cerity Partners LLC now owns 14,802 shares of the company’s stock valued at $447,000 after buying an additional 497 shares during the period. Finally, Penobscot Investment Management Company Inc. increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 1.0% during the first quarter. Penobscot Investment Management Company Inc. now owns 52,010 shares of the company’s stock valued at $1,564,000 after buying an additional 520 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

SPSB stock opened at $29.90 on Wednesday. SPDR Portfolio Short Term Corporate Bond ETF has a 1 year low of $29.84 and a 1 year high of $30.34. The firm has a 50-day moving average of $29.94 and a 200 day moving average of $30.06.

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.