Argonautica Private Wealth Management Inc. Trims Stock Position in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Argonautica Private Wealth Management Inc. lessened its stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 50.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 21,843 shares of the company’s stock after selling 21,878 shares during the quarter. Argonautica Private Wealth Management Inc.’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $662,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 28.2% in the second quarter. JPMorgan Chase & Co. now owns 32,109,859 shares of the company’s stock valued at $969,397,000 after acquiring an additional 7,071,441 shares during the period. Creative Planning grew its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 5.0% during the 2nd quarter. Creative Planning now owns 45,354,564 shares of the company’s stock worth $1,369,254,000 after purchasing an additional 2,140,455 shares during the period. NFP Retirement Inc. purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the 2nd quarter valued at approximately $19,458,000. Ameriprise Financial Inc. lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 38.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,047,345 shares of the company’s stock valued at $61,803,000 after purchasing an additional 569,101 shares during the period. Finally, Saiph Capital LLC lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 203.8% in the 2nd quarter. Saiph Capital LLC now owns 469,529 shares of the company’s stock valued at $14,175,000 after purchasing an additional 314,988 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

Shares of NYSEARCA SPSB opened at $30.22 on Friday. The company’s fifty day moving average price is $30.20 and its 200 day moving average price is $30.19. SPDR Portfolio Short Term Corporate Bond ETF has a 1 year low of $29.74 and a 1 year high of $30.34.

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.