Rodgers & Associates LTD Has $52.96 Million Stock Position in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Rodgers & Associates LTD grew its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 5.9% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 1,764,606 shares of the company’s stock after acquiring an additional 98,891 shares during the quarter. SPDR Portfolio Short Term Corporate Bond ETF comprises 4.0% of Rodgers & Associates LTD’s portfolio, making the stock its 8th largest holding. Rodgers & Associates LTD’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $52,956,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Creative Planning lifted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 7.5% in the 3rd quarter. Creative Planning now owns 48,756,348 shares of the company’s stock worth $1,476,830,000 after purchasing an additional 3,401,784 shares during the period. Bank of America Corp DE raised its stake 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 buying an additional 2,573,239 shares in the last quarter. LPL Financial LLC lifted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 19.2% in the fourth quarter. LPL Financial LLC now owns 9,425,480 shares of the company’s stock worth $284,649,000 after buying an additional 1,518,271 shares during the period. Wells Fargo & Company MN boosted its position in SPDR Portfolio Short Term Corporate Bond ETF by 52.7% during the 4th quarter. Wells Fargo & Company MN now owns 3,677,610 shares of the company’s stock valued at $111,064,000 after acquiring an additional 1,269,768 shares in the last quarter. Finally, SoundView Advisors Inc. purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the 4th quarter worth approximately $30,807,000.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

Shares of NYSEARCA:SPSB opened at $29.79 on Thursday. The stock has a 50 day moving average price of $29.92 and a 200-day moving average price of $30.01. SPDR Portfolio Short Term Corporate Bond ETF has a 52-week low of $29.77 and a 52-week high of $30.34.

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.