Gradient Capital Advisors LLC Increases Position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

Gradient Capital Advisors LLC lifted its holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 5.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,438 shares of the company’s stock after buying an additional 1,131 shares during the quarter. Gradient Capital Advisors LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $610,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. increased its stake in SPDR Portfolio Short Term Corporate Bond ETF by 14.0% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 21,119 shares of the company’s stock worth $631,000 after purchasing an additional 2,590 shares during the period. Crews Bank & Trust bought a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the fourth quarter worth about $81,000. Kingswood Wealth Advisors LLC increased its stake in SPDR Portfolio Short Term Corporate Bond ETF by 38.7% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 25,054 shares of the company’s stock worth $748,000 after buying an additional 6,985 shares during the period. DGS Capital Management LLC lifted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 4.5% during the 4th quarter. DGS Capital Management LLC now owns 98,694 shares of the company’s stock valued at $2,947,000 after buying an additional 4,293 shares in the last quarter. Finally, Arkansas Financial Group Inc. boosted its position in SPDR Portfolio Short Term Corporate Bond ETF by 11.6% in the 4th quarter. Arkansas Financial Group Inc. now owns 1,097,638 shares of the company’s stock valued at $32,775,000 after buying an additional 113,919 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

Shares of SPSB stock opened at $29.88 on Wednesday. The company’s 50-day simple moving average is $29.90 and its two-hundred day simple moving average is $30.00. SPDR Portfolio Short Term Corporate Bond ETF has a one year low of $29.46 and a one year high of $30.31.

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.