GAMMA Investing LLC Grows Stock Position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

GAMMA Investing LLC raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 60.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 78,555 shares of the company’s stock after buying an additional 29,457 shares during the quarter. GAMMA Investing LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $2,333,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tidemark LLC purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the fourth quarter worth about $25,000. Cullen Frost Bankers Inc. raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 1,628.6% in the fourth quarter. Cullen Frost Bankers Inc. now owns 1,210 shares of the company’s stock worth $36,000 after purchasing an additional 1,140 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 463.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,917 shares of the company’s stock worth $57,000 after purchasing an additional 1,577 shares during the last quarter. LRI Investments LLC purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the first quarter worth about $58,000. Finally, SouthState Corp purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the fourth quarter worth about $86,000.

SPDR Portfolio Short Term Corporate Bond ETF Stock Up 0.4 %

SPDR Portfolio Short Term Corporate Bond ETF stock traded up $0.12 during midday trading on Friday, hitting $30.00. 2,017,199 shares of the company were exchanged, compared to its average volume of 2,170,805. SPDR Portfolio Short Term Corporate Bond ETF has a fifty-two week low of $29.10 and a fifty-two week high of $30.01. The business has a fifty day simple moving average of $29.73 and a two-hundred day simple moving average of $29.70.

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.