AdvisorNet Financial Inc Lowers Stock Holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

AdvisorNet Financial Inc trimmed its stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 6.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,616 shares of the company’s stock after selling 879 shares during the period. AdvisorNet Financial Inc’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $405,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in SPSB. Cohen & Steers Inc. boosted its position in SPDR Portfolio Short Term Corporate Bond ETF by 100.8% in the 4th quarter. Cohen & Steers Inc. now owns 502,348 shares of the company’s stock valued at $14,960,000 after buying an additional 252,222 shares during the period. NewSquare Capital LLC lifted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 67,708.7% in the 4th quarter. NewSquare Capital LLC now owns 242,755 shares of the company’s stock worth $7,229,000 after purchasing an additional 242,397 shares during the period. Toronto Dominion Bank purchased a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 3rd quarter worth approximately $5,864,000. Wayfinding Financial LLC purchased a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 4th quarter worth approximately $3,534,000. Finally, Wellington Wealth Strategies LLC. purchased a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 4th quarter worth approximately $2,156,000.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

Shares of SPSB opened at $29.70 on Tuesday. The company has a 50 day moving average price of $29.63 and a 200-day moving average price of $29.69. 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.

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.