SPDR Portfolio Short Term Corporate Bond ETF $SPSB Shares Sold by Echo Wealth Management LLC

Echo Wealth Management LLC cut its stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 26.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,439 shares of the company’s stock after selling 17,994 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF accounts for about 0.9% of Echo Wealth Management LLC’s portfolio, making the stock its 21st largest position. Echo Wealth Management LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $1,493,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. First Command Advisory Services Inc. raised its stake in SPDR Portfolio Short Term Corporate Bond ETF by 706.6% in the 3rd quarter. First Command Advisory Services Inc. now owns 803,793 shares of the company’s stock worth $24,347,000 after acquiring an additional 704,139 shares during the last quarter. Bfsg LLC raised its stake in SPDR Portfolio Short Term Corporate Bond ETF by 118.5% in the 3rd quarter. Bfsg LLC now owns 33,499 shares of the company’s stock worth $1,015,000 after acquiring an additional 18,170 shares during the last quarter. Gilbert Capital Group Inc. purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF in the 2nd quarter worth $2,078,000. Intrua Financial LLC purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF in the 3rd quarter worth $861,000. Finally, Atria Investments Inc raised its stake in SPDR Portfolio Short Term Corporate Bond ETF by 29.3% in the 3rd quarter. Atria Investments Inc now owns 544,819 shares of the company’s stock worth $16,503,000 after acquiring an additional 123,621 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

Shares of SPSB stock opened at $30.04 on Thursday. The business has a fifty day moving average of $30.15 and a 200 day moving average of $30.20. 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.