Envestnet Portfolio Solutions Inc. Sells 44,799 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Envestnet Portfolio Solutions Inc. cut its holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 16.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 234,207 shares of the company’s stock after selling 44,799 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $7,094,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. GEM Asset Management LLC raised its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 45.9% in the 3rd quarter. GEM Asset Management LLC now owns 41,759 shares of the company’s stock valued at $1,262,000 after purchasing an additional 13,147 shares in the last quarter. Naples Global Advisors LLC increased its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 15.6% during the third quarter. Naples Global Advisors LLC now owns 11,590 shares of the company’s stock valued at $351,000 after buying an additional 1,560 shares during the period. BIP Wealth LLC raised its stake in SPDR Portfolio Short Term Corporate Bond ETF by 82.9% in the third quarter. BIP Wealth LLC now owns 1,289,399 shares of the company’s stock worth $39,056,000 after buying an additional 584,356 shares in the last quarter. Bailard Inc. lifted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 30.7% during the third quarter. Bailard Inc. now owns 13,764 shares of the company’s stock worth $417,000 after buying an additional 3,230 shares during the period. Finally, Rogco LP lifted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 7.1% during the third quarter. Rogco LP now owns 425,212 shares of the company’s stock worth $12,880,000 after buying an additional 28,085 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Trading Up 0.0%

Shares of NYSEARCA:SPSB opened at $30.25 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a 12-month low of $29.74 and a 12-month high of $30.34. The business’s fifty day simple moving average is $30.21 and its 200-day simple moving average is $30.20.

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.