SPDR Portfolio Short Term Corporate Bond ETF $SPSB Stock: Gemmer Asset Management LLC Boosts Position

Gemmer Asset Management LLC raised its position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 91.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,626,010 shares of the company’s stock after purchasing an additional 778,032 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF accounts for approximately 3.2% of Gemmer Asset Management LLC’s portfolio, making the stock its 11th largest holding. Gemmer Asset Management LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $48,114,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Certified Advisory Corp grew its stake in SPDR Portfolio Short Term Corporate Bond ETF by 7.8% in the 1st quarter. Certified Advisory Corp now owns 404,924 shares of the company’s stock valued at $12,176,000 after buying an additional 29,305 shares in the last quarter. Rodgers & Associates LTD raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 5.9% during the 2nd quarter. Rodgers & Associates LTD now owns 1,764,606 shares of the company’s stock valued at $52,956,000 after acquiring an additional 98,891 shares during the period. Arrien Investments Inc. raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 55.7% during the 1st quarter. Arrien Investments Inc. now owns 303,552 shares of the company’s stock valued at $9,128,000 after acquiring an additional 108,533 shares during the period. Mascoma Wealth Management LLC raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 59.3% during the 1st quarter. Mascoma Wealth Management LLC now owns 124,671 shares of the company’s stock valued at $3,749,000 after acquiring an additional 46,405 shares during the period. Finally, Orange Investment Advisors Inc. raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 2.5% during the 1st quarter. Orange Investment Advisors Inc. now owns 1,163,729 shares of the company’s stock valued at $34,993,000 after acquiring an additional 28,466 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

NYSEARCA:SPSB opened at $29.65 on Friday. The stock’s fifty day moving average price is $29.75 and its two-hundred day moving average price is $29.90. SPDR Portfolio Short Term Corporate Bond ETF has a 1 year low of $29.45 and a 1 year high of $30.34.

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.