NewSquare Capital LLC Boosts Stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

NewSquare Capital LLC increased its position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 67,708.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 242,755 shares of the company’s stock after purchasing an additional 242,397 shares during the period. NewSquare Capital LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $7,229,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. TIAA Trust National Association purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF in the 3rd quarter valued at approximately $71,080,000. Bank of New York Mellon Corp increased its stake in SPDR Portfolio Short Term Corporate Bond ETF by 437.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 405,653 shares of the company’s stock valued at $11,894,000 after purchasing an additional 330,208 shares in the last quarter. Allstate Corp increased its stake in SPDR Portfolio Short Term Corporate Bond ETF by 13.5% in the 3rd quarter. Allstate Corp now owns 2,072,755 shares of the company’s stock valued at $60,773,000 after purchasing an additional 246,370 shares in the last quarter. Toronto Dominion Bank purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF in the 3rd quarter valued at approximately $5,864,000. Finally, Arkansas Financial Group Inc. increased its stake in SPDR Portfolio Short Term Corporate Bond ETF by 24.6% in the 3rd quarter. Arkansas Financial Group Inc. now owns 645,226 shares of the company’s stock valued at $18,918,000 after purchasing an additional 127,381 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

SPDR Portfolio Short Term Corporate Bond ETF stock traded up $0.03 during mid-day trading on Tuesday, hitting $29.60. 1,468,398 shares of the company were exchanged, compared to its average volume of 2,416,909. The business’s 50 day simple moving average is $29.67 and its two-hundred day simple moving average is $29.61. SPDR Portfolio Short Term Corporate Bond ETF has a 12-month low of $29.10 and a 12-month 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.