BIP Wealth LLC Buys 161,263 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB

BIP Wealth LLC increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 12.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,450,662 shares of the company’s stock after acquiring an additional 161,263 shares during the quarter. SPDR Portfolio Short Term Corporate Bond ETF makes up 1.5% of BIP Wealth LLC’s investment portfolio, making the stock its 11th largest position. BIP Wealth LLC owned approximately 0.52% of SPDR Portfolio Short Term Corporate Bond ETF worth $43,810,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of SPSB. XTX Topco Ltd bought a new position in SPDR Portfolio Short Term Corporate Bond ETF during the 2nd quarter worth approximately $232,000. Brown Advisory Inc. grew its position in SPDR Portfolio Short Term Corporate Bond ETF by 11.7% during the 2nd quarter. Brown Advisory Inc. now owns 7,817 shares of the company’s stock worth $236,000 after acquiring an additional 820 shares during the last quarter. Cerity Partners LLC grew its position in SPDR Portfolio Short Term Corporate Bond ETF by 3.5% during the 2nd quarter. Cerity Partners LLC now owns 14,802 shares of the company’s stock worth $447,000 after acquiring an additional 497 shares during the last quarter. State Street Corp grew its position in SPDR Portfolio Short Term Corporate Bond ETF by 8.9% during the 2nd quarter. State Street Corp now owns 3,492,076 shares of the company’s stock worth $105,426,000 after acquiring an additional 286,709 shares during the last quarter. Finally, Stonehaven Wealth & Tax Solutions LLC grew its position in SPDR Portfolio Short Term Corporate Bond ETF by 13.1% during the 2nd quarter. Stonehaven Wealth & Tax Solutions LLC now owns 11,908 shares of the company’s stock worth $360,000 after acquiring an additional 1,383 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

SPSB opened at $30.02 on Wednesday. The stock’s 50 day simple moving average is $30.16 and its 200 day simple moving average is $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.

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.