Capital Wealth Management LLC Boosts Position in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Capital Wealth Management LLC grew its holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 12.6% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,016,953 shares of the company’s stock after buying an additional 114,001 shares during the quarter. SPDR Portfolio Short Term Corporate Bond ETF makes up about 11.5% of Capital Wealth Management LLC’s investment portfolio, making the stock its largest holding. Capital Wealth Management LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $30,702,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of SPSB. Golden State Wealth Management LLC lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 996 shares of the company’s stock valued at $30,000 after purchasing an additional 498 shares during the period. MJT & Associates Financial Advisory Group Inc. bought a new stake in SPDR Portfolio Short Term Corporate Bond ETF in the first quarter worth $38,000. Continuum Advisory LLC boosted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 113.0% in the fourth quarter. Continuum Advisory LLC now owns 1,987 shares of the company’s stock worth $59,000 after acquiring an additional 1,054 shares in the last quarter. Columbia River Financial Group LLC purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the first quarter worth $61,000. Finally, LRI Investments LLC raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 17.1% in the first quarter. LRI Investments LLC now owns 2,289 shares of the company’s stock worth $69,000 after purchasing an additional 335 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Up 0.0%

Shares of SPSB opened at $30.29 on Wednesday. SPDR Portfolio Short Term Corporate Bond ETF has a one year low of $29.74 and a one year high of $30.31. The business has a fifty day moving average of $30.16 and a 200 day moving average of $30.06.

About SPDR Portfolio Short Term Corporate Bond ETF

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.