74,998 Shares in SPDR Portfolio Short Term Corporate Bond ETF $SPSB Purchased by Whalen Wealth Management Inc.
by Renee Jackson · The Cerbat GemWhalen Wealth Management Inc. acquired a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB – Free Report) in the 3rd quarter, HoldingsChannel reports. The firm acquired 74,998 shares of the company’s stock, valued at approximately $2,272,000. SPDR Portfolio Short Term Corporate Bond ETF comprises about 1.3% of Whalen Wealth Management Inc.’s portfolio, making the stock its 19th biggest holding.
Several other hedge funds and other institutional investors also recently modified their holdings of SPSB. Friedenthal Financial acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the second quarter valued at approximately $36,000. Ameritas Investment Partners Inc. boosted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 88.4% in the second quarter. Ameritas Investment Partners Inc. now owns 1,905 shares of the company’s stock valued at $58,000 after acquiring an additional 894 shares in the last quarter. Allworth Financial LP increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 65.2% during the second quarter. Allworth Financial LP now owns 2,092 shares of the company’s stock worth $63,000 after acquiring an additional 826 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF during the second quarter worth about $71,000. Finally, Riverview Trust Co acquired a new stake in SPDR Portfolio Short Term Corporate Bond ETF in the second quarter valued at about $99,000.
SPDR Portfolio Short Term Corporate Bond ETF Price Performance
SPSB opened at $30.15 on Friday. The business has a 50 day simple moving average of $30.23 and a 200-day simple moving average of $30.17. SPDR Portfolio Short Term Corporate Bond ETF has a 12 month low of $29.74 and a 12 month high of $30.34.
About SPDR Portfolio Short Term Corporate Bond ETF
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.
See Also
- Five stocks we like better than SPDR Portfolio Short Term Corporate Bond ETF
- What Investors Need to Know About Upcoming IPOs
- Jabil Is Flying Under the Radar—But a 50% Surge May Be Coming
- Best Stocks Under $5.00
- Qualcomm’s Monster Rally Has a Catch—Can the Stock Keep Climbing?
- Earnings Per Share Calculator: How to Calculate EPS
- Broadcom Stock Crashes 20%—But Wall Street Sees It Soaring to $500
Want to see what other hedge funds are holding SPSB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB – Free Report).