Gilpin Wealth Management LLC Buys New Shares in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Gilpin Wealth Management LLC bought a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 64,400 shares of the company’s stock, valued at approximately $1,945,000. SPDR Portfolio Short Term Corporate Bond ETF comprises approximately 1.5% of Gilpin Wealth Management LLC’s investment portfolio, making the stock its 16th biggest holding.

Several other large investors have also recently bought and sold shares of the stock. Creative Planning raised its stake in SPDR Portfolio Short Term Corporate Bond ETF by 7.5% during the 3rd quarter. Creative Planning now owns 48,756,348 shares of the company’s stock valued at $1,476,830,000 after purchasing an additional 3,401,784 shares during the last quarter. LPL Financial LLC raised its stake in SPDR Portfolio Short Term Corporate Bond ETF by 19.2% during the 4th quarter. LPL Financial LLC now owns 9,425,480 shares of the company’s stock valued at $284,649,000 after purchasing an additional 1,518,271 shares during the last quarter. Valmark Advisers Inc. raised its stake in SPDR Portfolio Short Term Corporate Bond ETF by 4.1% during the 4th quarter. Valmark Advisers Inc. now owns 8,737,196 shares of the company’s stock valued at $263,863,000 after purchasing an additional 340,112 shares during the last quarter. Advisory Alpha LLC raised its stake in SPDR Portfolio Short Term Corporate Bond ETF by 3.1% during the 4th quarter. Advisory Alpha LLC now owns 4,365,866 shares of the company’s stock valued at $131,851,000 after purchasing an additional 130,510 shares during the last quarter. Finally, State Street Corp raised its stake 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 valued at $105,426,000 after purchasing an additional 286,709 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Trading Up 0.0%

NYSEARCA:SPSB opened at $29.93 on Thursday. SPDR Portfolio Short Term Corporate Bond ETF has a one year low of $29.88 and a one year high of $30.34. The company has a fifty day moving average price of $30.02 and a 200 day moving average price of $30.13.

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.