SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) Stock Position Decreased by Red Cedar Investment Management LLC

Red Cedar Investment Management LLC decreased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 3.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 893,256 shares of the company’s stock after selling 35,845 shares during the quarter. SPDR Portfolio Short Term Corporate Bond ETF comprises 3.4% of Red Cedar Investment Management LLC’s holdings, making the stock its 6th largest position. Red Cedar Investment Management LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $27,048,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Coston McIsaac & Partners acquired a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the third quarter worth $25,000. LRI Investments LLC acquired a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the first quarter worth $58,000. SouthState Corp acquired a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the second quarter worth $82,000. Princeton Global Asset Management LLC acquired a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the third quarter valued at $102,000. Finally, Atlas Capital Advisors LLC acquired a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the second quarter valued at $132,000.

SPDR Portfolio Short Term Corporate Bond ETF Trading Up 0.1 %

Shares of NYSEARCA SPSB traded up $0.04 during trading on Monday, reaching $29.92. The stock had a trading volume of 254,380 shares, compared to its average volume of 2,201,585. SPDR Portfolio Short Term Corporate Bond ETF has a fifty-two week low of $29.26 and a fifty-two week high of $30.31. The business’s 50-day moving average price is $30.13 and its 200-day moving average price is $29.87.

SPDR Portfolio Short Term Corporate Bond ETF Company 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.