SPDR Portfolio Short Term Corporate Bond ETF $SPSB Position Increased by Tiemann Investment Advisors LLC

Tiemann Investment Advisors LLC grew its position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 59.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,510 shares of the company’s stock after buying an additional 8,000 shares during the quarter. Tiemann Investment Advisors LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $649,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in SPSB. Valmark Advisers Inc. boosted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 3.7% in the 2nd quarter. Valmark Advisers Inc. now owns 8,023,854 shares of the company’s stock worth $242,240,000 after purchasing an additional 286,606 shares during the period. Baird Financial Group Inc. boosted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 6.0% in the first quarter. Baird Financial Group Inc. now owns 4,125,700 shares of the company’s stock worth $124,184,000 after buying an additional 233,609 shares during the period. Kingstone Capital Partners Texas LLC purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the second quarter valued at $5,945,000. Midwest Trust Co purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the second quarter valued at $5,722,000. Finally, Ameriprise Financial Inc. raised its position in SPDR Portfolio Short Term Corporate Bond ETF by 12.3% during the first 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.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

Shares of NYSEARCA SPSB opened at $30.19 on Tuesday. SPDR Portfolio Short Term Corporate Bond ETF has a one year low of $29.74 and a one year high of $30.34. The business has a 50-day moving average price of $30.24 and a two-hundred day moving average price of $30.13.

About SPDR Portfolio Short Term Corporate Bond ETF

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.