Cooke Wealth Management LLC Makes New $7 Million Investment in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Cooke Wealth Management LLC purchased a new stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 231,631 shares of the company’s stock, valued at approximately $7,002,000. SPDR Portfolio Short Term Corporate Bond ETF makes up about 6.2% of Cooke Wealth Management LLC’s holdings, making the stock its 4th biggest position. Cooke Wealth Management LLC owned about 0.08% of SPDR Portfolio Short Term Corporate Bond ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Creative Planning raised its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 7.5% during the third quarter. Creative Planning now owns 48,756,348 shares of the company’s stock worth $1,476,830,000 after acquiring an additional 3,401,784 shares during the period. Allstate Corp boosted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 99.4% in the 3rd quarter. Allstate Corp now owns 4,375,565 shares of the company’s stock worth $132,536,000 after purchasing an additional 2,181,050 shares during the period. Envestnet Asset Management Inc. increased its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 19.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,620,146 shares of the company’s stock worth $139,944,000 after purchasing an additional 741,369 shares in the last quarter. First Command Advisory Services Inc. increased its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 706.6% during the 3rd quarter. First Command Advisory Services Inc. now owns 803,793 shares of the company’s stock worth $24,347,000 after purchasing an additional 704,139 shares in the last quarter. Finally, MCF Advisors LLC raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 31.5% in the 3rd quarter. MCF Advisors LLC now owns 2,888,561 shares of the company’s stock valued at $87,495,000 after purchasing an additional 691,231 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

Shares of SPDR Portfolio Short Term Corporate Bond ETF stock opened at $30.01 on Monday. The stock’s 50-day moving average is $30.17 and its 200-day moving average is $30.21. SPDR Portfolio Short Term Corporate Bond ETF has a one year low of $29.74 and a one year high of $30.34.

SPDR Portfolio Short Term Corporate Bond ETF 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.