Bailard Inc. Trims Stock Holdings in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Bailard Inc. trimmed its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 88.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,534 shares of the company’s stock after selling 83,744 shares during the quarter. Bailard Inc.’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $318,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Friedenthal Financial bought a new stake in SPDR Portfolio Short Term Corporate Bond ETF in the 2nd quarter worth approximately $36,000. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the first quarter valued at approximately $38,000. Allworth Financial LP grew its position in SPDR Portfolio Short Term Corporate Bond ETF by 65.2% during the 2nd quarter. Allworth Financial LP now owns 2,092 shares of the company’s stock valued at $63,000 after purchasing an additional 826 shares during the last quarter. Riverview Trust Co purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the second quarter worth $99,000. Finally, Fifth Third Bancorp purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the second quarter valued at approximately $130,000.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

Shares of NYSEARCA:SPSB opened at $30.18 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a 52-week low of $29.74 and a 52-week high of $30.34. The stock’s 50-day simple moving average is $30.24 and its two-hundred day simple moving average is $30.14.

SPDR Portfolio Short Term Corporate Bond ETF Company 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.