Spartan Wealth Advisory Services LLC Buys Shares of 544,960 Columbia Short Duration Bond ETF $SBND

Spartan Wealth Advisory Services LLC bought a new position in Columbia Short Duration Bond ETF (NYSEARCA:SBND) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 544,960 shares of the company’s stock, valued at approximately $10,237,000. Columbia Short Duration Bond ETF accounts for 0.9% of Spartan Wealth Advisory Services LLC’s holdings, making the stock its 25th biggest holding. Spartan Wealth Advisory Services LLC owned 0.05% of Columbia Short Duration Bond ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in SBND. LPL Financial LLC raised its holdings in shares of Columbia Short Duration Bond ETF by 623.2% in the fourth quarter. LPL Financial LLC now owns 574,020 shares of the company’s stock valued at $10,863,000 after acquiring an additional 494,651 shares in the last quarter. Bank of America Corp DE grew its holdings in Columbia Short Duration Bond ETF by 144.9% during the 3rd quarter. Bank of America Corp DE now owns 403,792 shares of the company’s stock worth $7,662,000 after acquiring an additional 238,922 shares in the last quarter. Commonwealth Equity Services LLC bought a new position in Columbia Short Duration Bond ETF during the 4th quarter worth about $3,178,000. StoneX Group Inc. purchased a new position in Columbia Short Duration Bond ETF during the 4th quarter valued at about $1,908,000. Finally, Crux Wealth Advisors increased its position in Columbia Short Duration Bond ETF by 288.2% during the 4th quarter. Crux Wealth Advisors now owns 105,750 shares of the company’s stock valued at $2,001,000 after purchasing an additional 78,510 shares during the period.

Columbia Short Duration Bond ETF Stock Performance

NYSEARCA:SBND opened at $18.71 on Friday. Columbia Short Duration Bond ETF has a one year low of $18.54 and a one year high of $19.08. The firm has a 50-day simple moving average of $18.75 and a 200-day simple moving average of $18.84.

Columbia Short Duration Bond ETF Profile

The Columbia Short Duration Bond ETF (SBND) is an exchange-traded fund that is based on the Beta Advantage Short Term Bond index. The fund tracks an index comprised of six sub-indices from different segments within the fixed income space. The six sub-indices each have fixed weights within the fund. SBND was launched on Sep 21, 2021 and is managed by Columbia.