108,792 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB Acquired by Boston Standard Wealth Management LLC

Boston Standard Wealth Management LLC purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) in the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 108,792 shares of the company’s stock, valued at approximately $3,219,000. SPDR Portfolio Short Term Corporate Bond ETF accounts for 0.5% of Boston Standard Wealth Management LLC’s portfolio, making the stock its 22nd largest holding.

Several other institutional investors and hedge funds have also made changes to their positions in SPSB. LPL Financial LLC increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 19.2% during the fourth quarter. LPL Financial LLC now owns 9,425,480 shares of the company’s stock valued at $284,649,000 after acquiring an additional 1,518,271 shares during the period. Valmark Advisers Inc. lifted its position in SPDR Portfolio Short Term Corporate Bond ETF by 4.5% in the first quarter. Valmark Advisers Inc. now owns 9,127,167 shares of the company’s stock worth $274,454,000 after purchasing an additional 389,971 shares during the period. Bank of America Corp DE lifted its position in SPDR Portfolio Short Term Corporate Bond ETF by 52.9% in the first quarter. Bank of America Corp DE now owns 7,436,338 shares of the company’s stock worth $223,611,000 after purchasing an additional 2,573,239 shares during the period. Baird Financial Group Inc. boosted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 11.1% during the 2nd quarter. Baird Financial Group Inc. now owns 6,659,159 shares of the company’s stock valued at $199,841,000 after purchasing an additional 663,851 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 11.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,899,175 shares of the company’s stock valued at $177,034,000 after purchasing an additional 593,008 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Up 0.1%

Shares of SPSB stock traded up $0.02 during mid-day trading on Wednesday, hitting $29.60. 1,839,457 shares of the stock traded hands, compared to its average volume of 4,115,065. SPDR Portfolio Short Term Corporate Bond ETF has a twelve month low of $29.45 and a twelve month high of $30.34. The company’s 50-day simple moving average is $29.80 and its 200-day simple moving average is $29.92.

SPDR Portfolio Short Term Corporate Bond ETF 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.