NewSquare Capital LLC Has $7.23 Million Position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

NewSquare Capital LLC raised its stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 67,708.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 242,755 shares of the company’s stock after purchasing an additional 242,397 shares during the period. NewSquare Capital LLC owned 0.09% of SPDR Portfolio Short Term Corporate Bond ETF worth $7,229,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of SPSB. Manning & Napier Group LLC increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 0.3% in the third quarter. Manning & Napier Group LLC now owns 644,221 shares of the company’s stock valued at $18,889,000 after buying an additional 1,641 shares during the period. Kingswood Wealth Advisors LLC bought a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 3rd quarter worth $600,000. Gould Asset Management LLC CA lifted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.8% in the 3rd quarter. Gould Asset Management LLC CA now owns 75,020 shares of the company’s stock worth $2,200,000 after purchasing an additional 2,735 shares in the last quarter. Mechanics Financial Corp lifted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 8.5% in the 3rd quarter. Mechanics Financial Corp now owns 24,168 shares of the company’s stock worth $709,000 after purchasing an additional 1,890 shares in the last quarter. Finally, IAG Wealth Partners LLC lifted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 11.5% in the 3rd quarter. IAG Wealth Partners LLC now owns 9,842 shares of the company’s stock worth $289,000 after purchasing an additional 1,017 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

NYSEARCA:SPSB traded up $0.03 during trading hours on Tuesday, hitting $29.60. 1,468,398 shares of the company traded hands, compared to its average volume of 2,416,909. The firm’s 50-day simple moving average is $29.67 and its 200-day simple moving average is $29.61. SPDR Portfolio Short Term Corporate Bond ETF has a one year low of $29.10 and a one year high of $29.94.

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.