Wealthspire Retirement LLC Has $26.83 Million Holdings in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Wealthspire Retirement LLC lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 17.7% in the 1st quarter, Holdings Channel reports. The fund owned 892,159 shares of the company’s stock after acquiring an additional 134,277 shares during the quarter. SPDR Portfolio Short Term Corporate Bond ETF accounts for approximately 1.6% of Wealthspire Retirement LLC’s investment portfolio, making the stock its 14th biggest position. Wealthspire Retirement LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $26,827,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in SPSB. Strive Financial Group LLC bought a new stake in SPDR Portfolio Short Term Corporate Bond ETF in the 4th quarter valued at $35,000. AlphaCore Capital LLC increased its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 48.0% during the 4th quarter. AlphaCore Capital LLC now owns 1,807 shares of the company’s stock worth $55,000 after purchasing an additional 586 shares in the last quarter. IFC & Insurance Marketing Inc. bought a new position in SPDR Portfolio Short Term Corporate Bond ETF during the 4th quarter worth about $58,000. CIBC Private Wealth Group LLC raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 17.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 2,203 shares of the company’s stock valued at $67,000 after purchasing an additional 334 shares during the period. Finally, Root Financial Partners LLC raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 112.2% in the 1st quarter. Root Financial Partners LLC now owns 2,368 shares of the company’s stock valued at $71,000 after purchasing an additional 1,252 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

Shares of SPDR Portfolio Short Term Corporate Bond ETF stock opened at $29.89 on Thursday. The stock’s 50-day moving average is $29.95 and its 200-day moving average is $30.08. SPDR Portfolio Short Term Corporate Bond ETF has a one year low of $29.85 and a one year high of $30.34.

SPDR Portfolio Short Term Corporate Bond ETF 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.