Eagle Wealth Advisors LLC Makes New $4.08 Million Investment in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Eagle Wealth Advisors LLC bought a new stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 135,241 shares of the company’s stock, valued at approximately $4,084,000. SPDR Portfolio Short Term Corporate Bond ETF comprises 3.5% of Eagle Wealth Advisors LLC’s holdings, making the stock its 7th largest holding.

A number of other hedge funds have also modified their holdings of the business. Westfuller Advisors LLC purchased a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the third quarter valued at about $27,000. Bessemer Group Inc. purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF during the third quarter worth about $30,000. Smartleaf Asset Management LLC boosted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 2,862.9% during the third quarter. Smartleaf Asset Management LLC now owns 1,037 shares of the company’s stock worth $31,000 after buying an additional 1,002 shares during the period. AlphaCore Capital LLC purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF during the third quarter worth about $37,000. Finally, Root Financial Partners LLC purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the third quarter valued at approximately $71,000.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

NYSEARCA SPSB opened at $30.13 on Monday. The firm has a 50 day simple moving average of $30.11 and a 200-day simple moving average of $30.19. SPDR Portfolio Short Term Corporate Bond ETF has a one year low of $29.92 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.