Gibbs Wealth Management Sells 39,025 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Gibbs Wealth Management decreased its stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 19.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 161,119 shares of the company’s stock after selling 39,025 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF comprises about 1.1% of Gibbs Wealth Management’s holdings, making the stock its 20th largest holding. Gibbs Wealth Management’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $4,880,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPSB. Westfuller Advisors LLC bought a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 3rd quarter valued at $27,000. Friedenthal Financial acquired a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF during the second quarter valued at about $36,000. Ameritas Investment Partners Inc. grew its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 88.4% during the second quarter. Ameritas Investment Partners Inc. now owns 1,905 shares of the company’s stock worth $58,000 after purchasing an additional 894 shares during the last quarter. Allworth Financial LP boosted its position in SPDR Portfolio Short Term Corporate Bond ETF by 65.2% during the 2nd quarter. Allworth Financial LP now owns 2,092 shares of the company’s stock worth $63,000 after buying an additional 826 shares during the period. Finally, Root Financial Partners LLC bought a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the 3rd quarter worth approximately $71,000.

SPDR Portfolio Short Term Corporate Bond ETF Stock Up 0.0%

Shares of NYSEARCA:SPSB opened at $30.25 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a 12-month low of $29.74 and a 12-month high of $30.34. The business has a fifty day simple moving average of $30.21 and a 200 day simple moving average of $30.20.

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.