Gemmer Asset Management LLC raised its stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB – Free Report) by 6.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,069,164 shares of the company’s stock after buying an additional 60,106 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF comprises 2.9% of Gemmer Asset Management LLC’s holdings, making the stock its 10th biggest holding. Gemmer Asset Management LLC owned about 0.39% of SPDR Portfolio Short Term Corporate Bond ETF worth $32,278,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently added to or reduced their stakes in the stock. Baird Financial Group Inc. boosted its position in SPDR Portfolio Short Term Corporate Bond ETF by 6.0% in the 1st quarter. Baird Financial Group Inc. now owns 4,125,700 shares of the company’s stock valued at $124,184,000 after buying an additional 233,609 shares during the period. Rockwood Wealth Management LLC boosted its position in SPDR Portfolio Short Term Corporate Bond ETF by 3.5% in the 2nd quarter. Rockwood Wealth Management LLC now owns 2,043,547 shares of the company’s stock valued at $61,695,000 after buying an additional 69,574 shares during the period. Ameriprise Financial Inc. boosted its position in SPDR Portfolio Short Term Corporate Bond ETF by 12.3% in the 1st quarter. Ameriprise Financial Inc. now owns 1,478,244 shares of the company’s stock valued at $44,497,000 after buying an additional 162,239 shares during the period. Walker Financial Services Inc. boosted its position in SPDR Portfolio Short Term Corporate Bond ETF by 7.1% in the 2nd quarter. Walker Financial Services Inc. now owns 1,328,635 shares of the company’s stock valued at $40,111,000 after buying an additional 88,018 shares during the period. Finally, Arkansas Financial Group Inc. boosted its position in SPDR Portfolio Short Term Corporate Bond ETF by 3.6% in the 2nd quarter. Arkansas Financial Group Inc. now owns 1,206,867 shares of the company’s stock valued at $36,230,000 after buying an additional 41,543 shares during the period.
SPDR Portfolio Short Term Corporate Bond ETF Price Performance
SPDR Portfolio Short Term Corporate Bond ETF stock opened at $30.20 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a 1 year low of $29.74 and a 1 year high of $30.31. The firm has a 50-day moving average of $30.21 and a two-hundred day moving average of $30.08.
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.
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