Shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB – Get Free Report) saw strong trading volume on Monday . 5,379,775 shares changed hands during mid-day trading, an increase of 58% from the previous session’s volume of 3,403,572 shares.The stock last traded at $29.95 and had previously closed at $29.94.
SPDR Portfolio Short Term Corporate Bond ETF Trading Up 0.1%
The company has a 50-day moving average of $29.93 and a two-hundred day moving average of $30.04.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the stock. Strive Financial Group LLC purchased a new stake in SPDR Portfolio Short Term Corporate Bond ETF in the 4th quarter worth approximately $35,000. AlphaCore Capital LLC boosted its position in shares of 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 worth $55,000 after purchasing an additional 586 shares during the period. IFC & Insurance Marketing Inc. bought a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the fourth quarter worth approximately $58,000. EverSource Wealth Advisors LLC increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 106.5% in the first quarter. EverSource Wealth Advisors LLC now owns 2,028 shares of the company’s stock worth $61,000 after purchasing an additional 1,046 shares in the last quarter. Finally, CIBC Private Wealth Group LLC increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 17.9% in 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.
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.
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