Mechanics Financial Corp Has $771,000 Holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

Mechanics Financial Corp lifted its holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 7.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 25,893 shares of the company’s stock after purchasing an additional 1,725 shares during the period. Mechanics Financial Corp’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $771,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Cary Street Partners Investment Advisory LLC increased its stake in 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 acquiring an additional 18,077 shares during the last quarter. Arkansas Financial Group Inc. boosted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 24.6% in the third quarter. Arkansas Financial Group Inc. now owns 645,226 shares of the company’s stock worth $18,918,000 after acquiring an additional 127,381 shares in the last quarter. AdvisorNet Financial Inc increased its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 3.8% during the 4th quarter. AdvisorNet Financial Inc now owns 14,495 shares of the company’s stock worth $432,000 after purchasing an additional 536 shares in the last quarter. Private Trust Co. NA lifted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 28.1% during the fourth quarter. Private Trust Co. NA now owns 16,697 shares of the company’s stock valued at $497,000 after purchasing an additional 3,661 shares in the last quarter. Finally, Greenwich Wealth Management LLC raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 6.8% during the 4th quarter. Greenwich Wealth Management LLC now owns 25,930 shares of the company’s stock worth $772,000 after purchasing an additional 1,650 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Stock Up 0.2 %

NYSEARCA SPSB traded up $0.05 during trading hours on Thursday, hitting $29.56. The company had a trading volume of 481,867 shares, compared to its average volume of 2,336,547. The firm has a 50 day simple moving average of $29.66 and a 200 day simple moving average of $29.62. SPDR Portfolio Short Term Corporate Bond ETF has a 52 week low of $29.10 and a 52 week high of $29.94.

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.