Shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB – Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $29.88 and last traded at $29.89, with a volume of 159602 shares trading hands. The stock had previously closed at $29.91.
SPDR Portfolio Short Term Corporate Bond ETF Trading Down 0.1%
The business has a fifty day simple moving average of $29.98 and a two-hundred day simple moving average of $30.10.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in SPSB. Strive Financial Group LLC purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF in the fourth quarter valued at about $35,000. AlphaCore Capital LLC boosted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 48.0% in the 4th quarter. AlphaCore Capital LLC now owns 1,807 shares of the company’s stock valued at $55,000 after buying an additional 586 shares in the last quarter. IFC & Insurance Marketing Inc. purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 4th quarter worth approximately $58,000. EverSource Wealth Advisors LLC grew its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 106.5% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,028 shares of the company’s stock worth $61,000 after buying an additional 1,046 shares during the last quarter. Finally, CIBC Private Wealth Group LLC raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 17.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 2,203 shares of the company’s stock worth $67,000 after acquiring an additional 334 shares in the last quarter.
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.
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