Parallel Advisors LLC Reduces Stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

Parallel Advisors LLC decreased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 5.8% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 149,812 shares of the company’s stock after selling 9,140 shares during the period. Parallel Advisors LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $4,449,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Tidemark LLC purchased a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the 4th quarter worth about $25,000. EverSource Wealth Advisors LLC raised its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 463.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,917 shares of the company’s stock valued at $57,000 after acquiring an additional 1,577 shares in the last quarter. LRI Investments LLC purchased a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 1st quarter valued at about $58,000. SouthState Corp purchased a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 2nd quarter valued at about $82,000. Finally, Atlas Capital Advisors LLC purchased a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 2nd quarter valued at about $132,000.

SPDR Portfolio Short Term Corporate Bond ETF Stock Up 0.1 %

NYSEARCA:SPSB opened at $30.22 on Friday. The business’s 50-day moving average price is $29.98 and its two-hundred day moving average price is $29.76. SPDR Portfolio Short Term Corporate Bond ETF has a twelve month low of $29.10 and a twelve month high of $30.24.

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.