SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) Hits New 12-Month High at $30.04

SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $30.04 and last traded at $30.03, with a volume of 88032 shares changing hands. The stock had previously closed at $30.01.

SPDR Portfolio Short Term Corporate Bond ETF Trading Up 0.0 %

The firm has a fifty day simple moving average of $29.80 and a two-hundred day simple moving average of $29.71.

Institutional Investors Weigh In On SPDR Portfolio Short Term Corporate Bond ETF

Several large investors have recently added to or reduced their stakes in the company. Fisher Asset Management LLC boosted its position in SPDR Portfolio Short Term Corporate Bond ETF by 0.5% during the fourth quarter. Fisher Asset Management LLC now owns 3,124,781 shares of the company’s stock worth $93,056,000 after purchasing an additional 15,670 shares during the period. TIAA Trust National Association lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 6.7% during the 1st quarter. TIAA Trust National Association now owns 2,367,461 shares of the company’s stock valued at $70,479,000 after buying an additional 147,792 shares in the last quarter. Allstate Corp boosted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 22.0% in the 1st quarter. Allstate Corp now owns 1,893,700 shares of the company’s stock worth $56,375,000 after buying an additional 342,085 shares during the period. Bank of New York Mellon Corp grew its stake in SPDR Portfolio Short Term Corporate Bond ETF by 37.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,820,340 shares of the company’s stock valued at $54,064,000 after buying an additional 495,999 shares in the last quarter. Finally, Manning & Napier Advisors LLC bought a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the 2nd quarter valued at $35,053,000.

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.