SPDR Portfolio Short Term Corporate Bond ETF $SPSB is Cornerstone Management Inc.’s 10th Largest Position

Cornerstone Management Inc. grew its position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 4.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 454,284 shares of the company’s stock after buying an additional 17,812 shares during the quarter. SPDR Portfolio Short Term Corporate Bond ETF accounts for approximately 2.3% of Cornerstone Management Inc.’s holdings, making the stock its 10th largest position. Cornerstone Management Inc. owned approximately 0.17% of SPDR Portfolio Short Term Corporate Bond ETF worth $13,760,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Friedenthal Financial bought a new position in SPDR Portfolio Short Term Corporate Bond ETF in the second quarter valued at about $36,000. Ameritas Investment Partners Inc. increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 88.4% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,905 shares of the company’s stock valued at $58,000 after purchasing an additional 894 shares during the last quarter. Allworth Financial LP lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 65.2% in the 2nd quarter. Allworth Financial LP now owns 2,092 shares of the company’s stock worth $63,000 after purchasing an additional 826 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the second quarter worth approximately $71,000. Finally, Riverview Trust Co purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the second quarter worth approximately $99,000.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

Shares of SPSB stock opened at $30.15 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a 12 month low of $29.74 and a 12 month high of $30.34. The company has a 50 day simple moving average of $30.23 and a two-hundred day simple moving average of $30.17.

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.