SPDR Portfolio Short Term Corporate Bond ETF $SPSB is Swmg LLC’s 4th Largest Position

Swmg LLC grew its holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 26.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 600,894 shares of the company’s stock after acquiring an additional 124,152 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF comprises about 5.5% of Swmg LLC’s investment portfolio, making the stock its 4th biggest position. Swmg LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $18,207,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in SPSB. JPMorgan Chase & Co. grew its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 28.2% during the second quarter. JPMorgan Chase & Co. now owns 32,109,859 shares of the company’s stock worth $969,397,000 after purchasing an additional 7,071,441 shares in the last quarter. Creative Planning boosted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 5.0% in the 2nd quarter. Creative Planning now owns 45,354,564 shares of the company’s stock worth $1,369,254,000 after purchasing an additional 2,140,455 shares during the period. NFP Retirement Inc. bought a new position in SPDR Portfolio Short Term Corporate Bond ETF in the 2nd quarter worth approximately $19,458,000. Ameriprise Financial Inc. grew its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 38.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,047,345 shares of the company’s stock valued at $61,803,000 after buying an additional 569,101 shares in the last quarter. Finally, Valmark Advisers Inc. raised its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 4.7% during the third quarter. Valmark Advisers Inc. now owns 8,397,084 shares of the company’s stock valued at $254,348,000 after buying an additional 373,230 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

SPSB stock opened at $30.22 on Friday. The company’s fifty day moving average price is $30.20 and its 200-day moving average price is $30.19. SPDR Portfolio Short Term Corporate Bond ETF has a one year low of $29.74 and a one year 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.