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

Envestnet Portfolio Solutions Inc. reduced its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 16.1% in the third quarter, according to its most recent filing with the SEC. The fund owned 234,207 shares of the company’s stock after selling 44,799 shares during the period. Envestnet Portfolio Solutions Inc. owned about 0.09% of SPDR Portfolio Short Term Corporate Bond ETF worth $7,094,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. Friedenthal Financial bought a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF during the second quarter worth $36,000. Ameritas Investment Partners Inc. increased its stake in SPDR Portfolio Short Term Corporate Bond ETF by 88.4% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,905 shares of the company’s stock worth $58,000 after buying an additional 894 shares during the period. Allworth Financial LP lifted its holdings 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 buying an additional 826 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in SPDR Portfolio Short Term Corporate Bond ETF in the 2nd quarter valued at about $71,000. Finally, Root Financial Partners LLC bought a new position in SPDR Portfolio Short Term Corporate Bond ETF in the 3rd quarter worth about $71,000.

SPDR Portfolio Short Term Corporate Bond ETF Stock Up 0.0%

Shares of NYSEARCA:SPSB opened at $30.25 on Friday. The firm’s 50 day simple moving average is $30.21 and its 200-day simple moving average is $30.20. SPDR Portfolio Short Term Corporate Bond ETF has a one year low of $29.74 and a one year high of $30.34.

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.