Fairview Capital Investment Management LLC Has $8.28 Million Position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

Fairview Capital Investment Management LLC cut its holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 8.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 277,884 shares of the company’s stock after selling 24,900 shares during the quarter. Fairview Capital Investment Management LLC owned approximately 0.10% of SPDR Portfolio Short Term Corporate Bond ETF worth $8,275,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cary Street Partners Investment Advisory LLC increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 276.5% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 24,614 shares of the company’s stock valued at $762,000 after buying an additional 18,077 shares in the last quarter. Parallel Advisors LLC increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.9% in the fourth quarter. Parallel Advisors LLC now owns 156,040 shares of the company’s stock valued at $4,647,000 after buying an additional 5,785 shares in the last quarter. Mechanics Financial Corp increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 7.1% in the fourth quarter. Mechanics Financial Corp now owns 25,893 shares of the company’s stock valued at $771,000 after buying an additional 1,725 shares in the last quarter. AdvisorNet Financial Inc increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.8% in the fourth quarter. AdvisorNet Financial Inc now owns 14,495 shares of the company’s stock valued at $432,000 after buying an additional 536 shares in the last quarter. Finally, Private Trust Co. NA increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 28.1% in the fourth quarter. Private Trust Co. NA now owns 16,697 shares of the company’s stock valued at $497,000 after buying an additional 3,661 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

Shares of NYSEARCA:SPSB traded up $0.02 during midday trading on Wednesday, reaching $29.65. The company’s stock had a trading volume of 3,398,700 shares, compared to its average volume of 2,136,599. The business’s fifty day simple moving average is $29.62 and its 200-day simple moving average is $29.68. SPDR Portfolio Short Term Corporate Bond ETF has a fifty-two week low of $29.10 and a fifty-two week high of $29.94.

SPDR Portfolio Short Term Corporate Bond ETF 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.