Bank of New York Mellon Corp Sells 426,649 Shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

Bank of New York Mellon Corp lessened its holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 36.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 737,076 shares of the company’s stock after selling 426,649 shares during the quarter. Bank of New York Mellon Corp owned 0.28% of SPDR Portfolio Short Term Corporate Bond ETF worth $22,186,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in SPSB. Columbia River Financial Group LLC bought a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the first quarter worth approximately $61,000. Bartlett & CO. Wealth Management LLC raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 0.5% in the first quarter. Bartlett & CO. Wealth Management LLC now owns 137,189 shares of the company’s stock valued at $4,129,000 after acquiring an additional 623 shares during the period. Western Wealth Management LLC lifted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 19.2% during the 1st quarter. Western Wealth Management LLC now owns 42,187 shares of the company’s stock valued at $1,270,000 after buying an additional 6,800 shares in the last quarter. Creative Financial Designs Inc. ADV increased its position in SPDR Portfolio Short Term Corporate Bond ETF by 1.3% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 326,565 shares of the company’s stock valued at $9,830,000 after purchasing an additional 4,254 shares during the period. Finally, Golden State Wealth Management LLC grew its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 996 shares of the company’s stock worth $30,000 after buying an additional 498 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

Shares of NYSEARCA SPSB opened at $30.07 on Friday. The company has a 50 day simple moving average of $30.03 and a two-hundred day simple moving average of $29.98. SPDR Portfolio Short Term Corporate Bond ETF has a 12 month low of $29.74 and a 12 month high of $30.31.

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.