Gradient Capital Advisors LLC Purchases 1,583 Shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

Gradient Capital Advisors LLC grew its position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 7.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,066 shares of the company’s stock after purchasing an additional 1,583 shares during the period. Gradient Capital Advisors LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $657,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of SPSB. Tidemark LLC bought a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the fourth quarter worth about $25,000. WestEnd Advisors LLC raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 104.3% during the fourth quarter. WestEnd Advisors LLC now owns 954 shares of the company’s stock worth $28,000 after acquiring an additional 487 shares in the last quarter. Ancora Advisors LLC bought a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the third quarter worth about $32,000. Cullen Frost Bankers Inc. raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 1,628.6% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,210 shares of the company’s stock worth $36,000 after acquiring an additional 1,140 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in 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 worth $57,000 after acquiring an additional 1,577 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

SPSB remained flat at $29.70 on Friday. The company had a trading volume of 7,371,284 shares, compared to its average volume of 2,309,030. SPDR Portfolio Short Term Corporate Bond ETF has a fifty-two week low of $29.10 and a fifty-two week high of $29.94. The company has a 50 day moving average price of $29.64 and a two-hundred day moving average price of $29.69.

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.