Flagstone Financial Management Increases Stock Holdings in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Flagstone Financial Management grew its position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 5.7% in the 3rd quarter, HoldingsChannel reports. The fund owned 816,255 shares of the company’s stock after buying an additional 44,232 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF makes up about 6.5% of Flagstone Financial Management’s holdings, making the stock its 4th biggest holding. Flagstone Financial Management’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $24,724,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of SPSB. Westfuller Advisors LLC acquired a new stake in SPDR Portfolio Short Term Corporate Bond ETF in the 3rd quarter valued at $27,000. Friedenthal Financial bought a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the second quarter valued at $36,000. Ameritas Investment Partners Inc. grew its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 88.4% during the second quarter. Ameritas Investment Partners Inc. now owns 1,905 shares of the company’s stock valued at $58,000 after buying an additional 894 shares during the last quarter. Allworth Financial LP grew its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 65.2% during the second quarter. Allworth Financial LP now owns 2,092 shares of the company’s stock valued at $63,000 after buying an additional 826 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF during the second quarter worth about $71,000.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

SPSB opened at $30.26 on Tuesday. SPDR Portfolio Short Term Corporate Bond ETF has a fifty-two week low of $29.74 and a fifty-two week high of $30.34. The company’s 50-day moving average is $30.22 and its 200 day moving average is $30.21.

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.