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

Gradient Capital Advisors LLC grew its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 5.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,438 shares of the company’s stock after purchasing an additional 1,131 shares during the period. 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 have also recently made changes to their positions in the company. Coston McIsaac & Partners acquired a new position in SPDR Portfolio Short Term Corporate Bond ETF during the 3rd quarter valued at about $25,000. Kennebec Savings Bank purchased a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF during the third quarter worth about $48,000. Crews Bank & Trust acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the fourth quarter valued at about $81,000. Princeton Global Asset Management LLC purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 3rd quarter valued at approximately $102,000. Finally, Westside Investment Management Inc. raised its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 10.1% in the 3rd quarter. Westside Investment Management Inc. now owns 3,800 shares of the company’s stock valued at $115,000 after purchasing an additional 350 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

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

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.