Gemmer Asset Management LLC Increases Position in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Gemmer Asset Management LLC lifted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 2.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 847,978 shares of the company’s stock after buying an additional 19,590 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF makes up approximately 1.7% of Gemmer Asset Management LLC’s holdings, making the stock its 14th largest position. Gemmer Asset Management LLC owned approximately 0.24% of SPDR Portfolio Short Term Corporate Bond ETF worth $25,448,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. CIBC Private Wealth Group LLC raised its stake in SPDR Portfolio Short Term Corporate Bond ETF by 17.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 2,203 shares of the company’s stock valued at $67,000 after acquiring an additional 334 shares during the last quarter. Great Valley Advisor Group Inc. grew its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 4.2% in the 4th quarter. Great Valley Advisor Group Inc. now owns 8,542 shares of the company’s stock valued at $258,000 after purchasing an additional 342 shares during the last quarter. First County Bank CT increased its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.4% in the second quarter. First County Bank CT now owns 12,105 shares of the company’s stock valued at $363,000 after purchasing an additional 395 shares during the period. Cerity Partners LLC raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.5% during the second quarter. Cerity Partners LLC now owns 14,802 shares of the company’s stock worth $447,000 after purchasing an additional 497 shares during the last quarter. Finally, Rinkey Investments raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 5.7% during the second quarter. Rinkey Investments now owns 9,456 shares of the company’s stock worth $284,000 after purchasing an additional 512 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

SPSB stock opened at $29.79 on Thursday. SPDR Portfolio Short Term Corporate Bond ETF has a one year low of $29.77 and a one year high of $30.34. The company has a fifty day moving average of $29.90 and a 200-day moving average of $29.99.

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.