MainStreet Investment Advisors LLC Trims Holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

MainStreet Investment Advisors LLC lowered its holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 3.3% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 48,231 shares of the company’s stock after selling 1,666 shares during the quarter. MainStreet Investment Advisors LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $1,432,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Tidemark LLC bought a new position in SPDR Portfolio Short Term Corporate Bond ETF in the fourth quarter worth about $25,000. Cullen Frost Bankers Inc. lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 1,628.6% in the 4th quarter. Cullen Frost Bankers Inc. now owns 1,210 shares of the company’s stock valued at $36,000 after purchasing an additional 1,140 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 463.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,917 shares of the company’s stock valued at $57,000 after purchasing an additional 1,577 shares in the last quarter. LRI Investments LLC purchased a new stake in SPDR Portfolio Short Term Corporate Bond ETF in the first quarter worth $58,000. Finally, SouthState Corp bought a new position in SPDR Portfolio Short Term Corporate Bond ETF in the second quarter worth $82,000.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

Shares of SPSB stock opened at $30.16 on Friday. The company’s fifty day moving average price is $29.92 and its 200-day moving average price is $29.75. SPDR Portfolio Short Term Corporate Bond ETF has a 12 month low of $29.10 and a 12 month high of $30.18.

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.