Parallel Advisors LLC Sells 5,975 Shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

Parallel Advisors LLC lessened its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 5.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 96,273 shares of the company’s stock after selling 5,975 shares during the period. Parallel Advisors LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $2,875,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Greenwich Wealth Management LLC grew its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 12.3% in the fourth quarter. Greenwich Wealth Management LLC now owns 39,580 shares of the company’s stock worth $1,182,000 after acquiring an additional 4,350 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 3.3% in the 4th quarter. Farther Finance Advisors LLC now owns 11,821 shares of the company’s stock worth $353,000 after purchasing an additional 373 shares in the last quarter. Staley Capital Advisers Inc. grew its position in SPDR Portfolio Short Term Corporate Bond ETF by 10.2% during the 4th quarter. Staley Capital Advisers Inc. now owns 137,450 shares of the company’s stock valued at $4,104,000 after purchasing an additional 12,700 shares during the last quarter. Synergy Investment Management LLC bought a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the 4th quarter valued at about $31,000. Finally, SBI Securities Co. Ltd. purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF in the fourth quarter worth about $154,000.

SPDR Portfolio Short Term Corporate Bond ETF Trading Down 0.0 %

NYSEARCA:SPSB opened at $29.95 on Tuesday. The company’s 50 day moving average price is $29.95 and its 200-day moving average price is $29.99. SPDR Portfolio Short Term Corporate Bond ETF has a 52 week low of $29.46 and a 52 week high of $30.31.

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.