GAMMA Investing LLC Boosts Stock Holdings in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

GAMMA Investing LLC increased its position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 28.3% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 476,603 shares of the company’s stock after buying an additional 105,042 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF accounts for about 0.5% of GAMMA Investing LLC’s holdings, making the stock its 29th largest holding. GAMMA Investing LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $14,303,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPSB. CIBC Private Wealth Group LLC lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 17.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 2,203 shares of the company’s stock valued at $67,000 after purchasing an additional 334 shares in the last quarter. Great Valley Advisor Group Inc. raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 4.2% in the fourth quarter. Great Valley Advisor Group Inc. now owns 8,542 shares of the company’s stock valued at $258,000 after buying an additional 342 shares during the period. First County Bank CT raised its holdings in 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 buying an additional 395 shares during the period. Cerity Partners LLC lifted its position in 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 valued at $447,000 after buying an additional 497 shares in the last quarter. Finally, Penobscot Investment Management Company Inc. lifted its position in SPDR Portfolio Short Term Corporate Bond ETF by 1.0% during the first quarter. Penobscot Investment Management Company Inc. now owns 52,010 shares of the company’s stock valued at $1,564,000 after buying an additional 520 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

Shares of SPSB stock opened at $29.90 on Wednesday. The company’s fifty day simple moving average is $29.94 and its 200-day simple moving average is $30.06. SPDR Portfolio Short Term Corporate Bond ETF has a 52 week low of $29.84 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.