SPDR Portfolio Short Term Corporate Bond ETF $SPSB Stake Boosted by Flagstone Financial Management

Flagstone Financial Management lifted its stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 7.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 912,452 shares of the company’s stock after acquiring an additional 60,277 shares during the quarter. SPDR Portfolio Short Term Corporate Bond ETF makes up 6.8% of Flagstone Financial Management’s portfolio, making the stock its 4th biggest holding. Flagstone Financial Management’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $27,437,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Financial Plan Inc. grew its stake in SPDR Portfolio Short Term Corporate Bond ETF by 1.4% in the first quarter. Financial Plan Inc. now owns 142,373 shares of the company’s stock valued at $4,281,000 after purchasing an additional 1,941 shares in the last quarter. Elevation Point Wealth Partners LLC increased its position in SPDR Portfolio Short Term Corporate Bond ETF by 2.6% in the 1st quarter. Elevation Point Wealth Partners LLC now owns 252,425 shares of the company’s stock worth $7,590,000 after purchasing an additional 6,451 shares during the last quarter. Stevens Capital Partners purchased a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF during the 1st quarter worth about $230,000. Root Financial Partners LLC raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 112.2% during the 1st quarter. Root Financial Partners LLC now owns 2,368 shares of the company’s stock worth $71,000 after purchasing an additional 1,252 shares in the last quarter. Finally, Wealth Care LLC acquired a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF during the 1st quarter valued at about $734,000.

SPDR Portfolio Short Term Corporate Bond ETF Trading Up 0.1%

Shares of SPDR Portfolio Short Term Corporate Bond ETF stock opened at $29.93 on Friday. The stock has a 50-day simple moving average of $29.99 and a 200-day simple moving average of $30.11. SPDR Portfolio Short Term Corporate Bond ETF has a 52-week low of $29.88 and a 52-week high of $30.34.

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.