Baird Financial Group Inc. Cuts Stock Holdings in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Baird Financial Group Inc. lowered its position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 7.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,799,251 shares of the company’s stock after selling 326,449 shares during the quarter. Baird Financial Group Inc. owned approximately 1.39% of SPDR Portfolio Short Term Corporate Bond ETF worth $114,699,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in SPSB. Aspetuck Financial Management LLC lifted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 0.3% in the 2nd quarter. Aspetuck Financial Management LLC now owns 118,645 shares of the company’s stock valued at $3,582,000 after purchasing an additional 390 shares in the last quarter. Parallel Advisors LLC raised its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 0.5% in the second quarter. Parallel Advisors LLC now owns 95,967 shares of the company’s stock valued at $2,897,000 after buying an additional 482 shares during the last quarter. Alpha Omega Wealth Management LLC raised its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 0.8% in the second quarter. Alpha Omega Wealth Management LLC now owns 59,388 shares of the company’s stock valued at $1,793,000 after buying an additional 499 shares during the last quarter. ARS Wealth Advisors Group LLC lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 6.7% in the second quarter. ARS Wealth Advisors Group LLC now owns 7,941 shares of the company’s stock worth $240,000 after buying an additional 500 shares in the last quarter. Finally, Harbour Investments Inc. boosted its position in SPDR Portfolio Short Term Corporate Bond ETF by 7.1% during the second quarter. Harbour Investments Inc. now owns 8,300 shares of the company’s stock worth $251,000 after acquiring an additional 552 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Trading Up 0.1%

SPSB stock opened at $30.21 on Thursday. SPDR Portfolio Short Term Corporate Bond ETF has a 12 month low of $29.74 and a 12 month high of $30.34. The firm has a 50-day moving average of $30.24 and a two-hundred day moving average of $30.16.

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.