Fonville Wealth Management LLC Sells 2,667 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Fonville Wealth Management LLC cut its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 6.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 41,821 shares of the company’s stock after selling 2,667 shares during the period. Fonville Wealth Management LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $1,263,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of SPSB. PFG Advisors grew its stake in SPDR Portfolio Short Term Corporate Bond ETF by 71.0% during the second quarter. PFG Advisors now owns 74,151 shares of the company’s stock valued at $2,239,000 after acquiring an additional 30,777 shares in the last quarter. Winthrop Capital Management LLC boosted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 1.0% in the 2nd quarter. Winthrop Capital Management LLC now owns 663,656 shares of the company’s stock valued at $20,036,000 after purchasing an additional 6,415 shares during the period. Midwest Trust Co purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the 2nd quarter valued at $5,722,000. Rialto Wealth Management LLC increased its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 75.9% in the second quarter. Rialto Wealth Management LLC now owns 5,751 shares of the company’s stock worth $174,000 after purchasing an additional 2,481 shares during the period. Finally, Savant Capital LLC increased its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.7% in the second quarter. Savant Capital LLC now owns 15,722 shares of the company’s stock worth $475,000 after purchasing an additional 562 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

NYSEARCA:SPSB opened at $30.18 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a 52-week low of $29.74 and a 52-week high of $30.34. The stock has a fifty day moving average of $30.24 and a 200 day moving average of $30.13.

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.