SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) Sets New 52-Week High at $30.16

SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)’s share price reached a new 52-week high on Friday . The stock traded as high as $30.16 and last traded at $30.15, with a volume of 822559 shares changing hands. The stock had previously closed at $30.11.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

The company has a 50 day simple moving average of $29.91 and a 200-day simple moving average of $29.74.

Hedge Funds Weigh In On SPDR Portfolio Short Term Corporate Bond ETF

Hedge funds have recently made changes to their positions in the business. Parallel Advisors LLC lifted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 3.9% in the fourth quarter. Parallel Advisors LLC now owns 156,040 shares of the company’s stock worth $4,647,000 after buying an additional 5,785 shares during the period. DGS Capital Management LLC lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 4.7% in the 1st quarter. DGS Capital Management LLC now owns 84,688 shares of the company’s stock valued at $2,521,000 after purchasing an additional 3,767 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 463.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,917 shares of the company’s stock valued at $57,000 after purchasing an additional 1,577 shares during the period. Bank of New York Mellon Corp boosted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 37.5% during the second quarter. Bank of New York Mellon Corp now owns 1,820,340 shares of the company’s stock valued at $54,064,000 after purchasing an additional 495,999 shares in the last quarter. Finally, Staley Capital Advisers Inc. grew its stake in SPDR Portfolio Short Term Corporate Bond ETF by 2.7% in the fourth quarter. Staley Capital Advisers Inc. now owns 95,165 shares of the company’s stock worth $2,834,000 after purchasing an additional 2,500 shares during the period.

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.