Western Wealth Management LLC Raises Stock Position in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Western Wealth Management LLC increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 31.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 95,347 shares of the company’s stock after acquiring an additional 22,861 shares during the quarter. Western Wealth Management LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $2,867,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Creative Planning boosted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 7.5% in the third quarter. Creative Planning now owns 48,756,348 shares of the company’s stock valued at $1,476,830,000 after acquiring an additional 3,401,784 shares in the last quarter. Bank of America Corp DE grew its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 52.9% in the first quarter. Bank of America Corp DE now owns 7,436,338 shares of the company’s stock worth $223,611,000 after purchasing an additional 2,573,239 shares during the last quarter. LPL Financial LLC increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 19.2% during the fourth quarter. LPL Financial LLC now owns 9,425,480 shares of the company’s stock worth $284,649,000 after purchasing an additional 1,518,271 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 52.7% during the fourth quarter. Wells Fargo & Company MN now owns 3,677,610 shares of the company’s stock worth $111,064,000 after purchasing an additional 1,269,768 shares in the last quarter. Finally, SoundView Advisors Inc. acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the fourth quarter worth $30,807,000.

SPDR Portfolio Short Term Corporate Bond ETF Trading Down 0.1%

Shares of SPSB opened at $29.94 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a 12 month low of $29.84 and a 12 month high of $30.34. The stock has a fifty day moving average price of $29.95 and a 200-day moving average price of $30.06.

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.