Eclectic Associates Inc. ADV Makes New Investment in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Eclectic Associates Inc. ADV purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 29,097 shares of the company’s stock, valued at approximately $861,000.

A number of other hedge funds have also recently made changes to their positions in SPSB. First County Bank CT grew its stake in SPDR Portfolio Short Term Corporate Bond ETF by 3.4% in the second quarter. First County Bank CT now owns 12,105 shares of the company’s stock valued at $363,000 after purchasing an additional 395 shares during the last quarter. Rinkey Investments lifted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 5.7% during the second quarter. Rinkey Investments now owns 9,456 shares of the company’s stock valued at $284,000 after buying an additional 512 shares during the last quarter. Penobscot Investment Management Company Inc. lifted 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 last quarter. Mustard Seed Financial LLC boosted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.3% in the 1st quarter. Mustard Seed Financial LLC now owns 17,548 shares of the company’s stock valued at $528,000 after buying an additional 568 shares in the last quarter. Finally, Parallel Advisors LLC boosted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 1.6% in the 1st quarter. Parallel Advisors LLC now owns 40,272 shares of the company’s stock valued at $1,211,000 after buying an additional 635 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

NYSEARCA:SPSB opened at $29.61 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a 52 week low of $29.45 and a 52 week high of $30.34. The firm has a 50 day moving average of $29.78 and a 200 day moving average of $29.91.

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.