Synergy Investment Management LLC bought a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB – Free Report) during the fourth quarter, Holdings Channel reports. The fund bought 1,030 shares of the company’s stock, valued at approximately $31,000.
Other institutional investors have also added to or reduced their stakes in the company. Kennebec Savings Bank purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF during the 3rd quarter valued at about $48,000. Crews Bank & Trust purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF during the 4th quarter valued at about $81,000. Westside Investment Management Inc. increased its position in SPDR Portfolio Short Term Corporate Bond ETF by 10.1% during the 3rd quarter. Westside Investment Management Inc. now owns 3,800 shares of the company’s stock valued at $115,000 after purchasing an additional 350 shares during the period. SBI Securities Co. Ltd. purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF during the 4th quarter valued at about $154,000. Finally, Bank of Jackson Hole Trust purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 4th quarter worth approximately $262,000.
SPDR Portfolio Short Term Corporate Bond ETF Stock Down 0.1 %
Shares of SPDR Portfolio Short Term Corporate Bond ETF stock opened at $29.98 on Thursday. The firm’s 50 day moving average price is $29.92 and its 200-day moving average price is $30.00. SPDR Portfolio Short Term Corporate Bond ETF has a 52-week low of $29.46 and a 52-week high of $30.31.
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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Want to see what other hedge funds are holding SPSB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB – Free Report).
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