SPDR Portfolio Short Term Corporate Bond ETF $SPSB Shares Sold by Seven Mile Advisory

Seven Mile Advisory reduced its position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 48.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,450 shares of the company’s stock after selling 25,108 shares during the period. Seven Mile Advisory’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $799,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Brown Advisory Inc. grew its position in SPDR Portfolio Short Term Corporate Bond ETF by 11.7% during the second quarter. Brown Advisory Inc. now owns 7,817 shares of the company’s stock valued at $236,000 after buying an additional 820 shares during the period. Cerity Partners LLC increased its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 3.5% in 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 in the last quarter. State Street Corp raised its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 8.9% in the second quarter. State Street Corp now owns 3,492,076 shares of the company’s stock worth $105,426,000 after acquiring an additional 286,709 shares during the period. Sei Investments Co. boosted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 583.7% during the 2nd quarter. Sei Investments Co. now owns 107,761 shares of the company’s stock worth $3,253,000 after acquiring an additional 92,000 shares in the last quarter. Finally, Main Street Financial Solutions LLC purchased a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF during the 2nd quarter worth about $814,000.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

NYSEARCA:SPSB opened at $29.97 on Monday. SPDR Portfolio Short Term Corporate Bond ETF has a 52 week low of $29.88 and a 52 week high of $30.34. The stock’s 50-day moving average price is $30.02 and its 200-day moving average price is $30.13.

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.