SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) Reaches New 1-Year High at $30.20

SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $30.20 and last traded at $30.17, with a volume of 202683 shares traded. The stock had previously closed at $30.18.

SPDR Portfolio Short Term Corporate Bond ETF Stock Up 0.1 %

The stock has a 50 day simple moving average of $29.98 and a 200 day simple moving average of $29.76.

Institutional Trading of SPDR Portfolio Short Term Corporate Bond ETF

Several hedge funds have recently made changes to their positions in SPSB. NBC Securities Inc. boosted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 6.4% during the first quarter. NBC Securities Inc. now owns 5,723 shares of the company’s stock valued at $171,000 after acquiring an additional 342 shares during the period. United Community Bank raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 2.0% during the first quarter. United Community Bank now owns 18,408 shares of the company’s stock valued at $548,000 after purchasing an additional 356 shares in the last quarter. Ashton Thomas Private Wealth LLC raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 1.1% during the first quarter. Ashton Thomas Private Wealth LLC now owns 50,517 shares of the company’s stock valued at $1,504,000 after purchasing an additional 572 shares in the last quarter. IFG Advisory LLC grew its position in SPDR Portfolio Short Term Corporate Bond ETF by 1.9% in the 2nd quarter. IFG Advisory LLC now owns 30,798 shares of the company’s stock valued at $915,000 after buying an additional 578 shares in the last quarter. Finally, Tidemark LLC acquired a new position in SPDR Portfolio Short Term Corporate Bond ETF during the 4th quarter valued at about $25,000.

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.