Red Cedar Investment Management LLC Has $14.78 Million Stock Position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

Red Cedar Investment Management LLC trimmed its position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 44.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 495,033 shares of the company’s stock after selling 398,223 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF makes up approximately 1.9% of Red Cedar Investment Management LLC’s holdings, making the stock its 9th biggest holding. Red Cedar Investment Management LLC owned approximately 0.19% of SPDR Portfolio Short Term Corporate Bond ETF worth $14,782,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Whittier Trust Co. of Nevada Inc. raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 27.1% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 34,263 shares of the company’s stock valued at $1,037,000 after buying an additional 7,315 shares during the period. Coston McIsaac & Partners bought a new position in SPDR Portfolio Short Term Corporate Bond ETF in the 3rd quarter valued at $25,000. Rogco LP grew its position in SPDR Portfolio Short Term Corporate Bond ETF by 1.1% in the 3rd quarter. Rogco LP now owns 350,764 shares of the company’s stock valued at $10,621,000 after acquiring an additional 3,917 shares during the last quarter. Hudson Valley Investment Advisors Inc. ADV grew its position in SPDR Portfolio Short Term Corporate Bond ETF by 108.5% in the 3rd quarter. Hudson Valley Investment Advisors Inc. ADV now owns 1,016,952 shares of the company’s stock valued at $30,793,000 after acquiring an additional 529,121 shares during the last quarter. Finally, Rosenberg Matthew Hamilton grew its position in SPDR Portfolio Short Term Corporate Bond ETF by 5.9% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 136,217 shares of the company’s stock valued at $4,125,000 after acquiring an additional 7,534 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Up 0.1 %

Shares of SPDR Portfolio Short Term Corporate Bond ETF stock opened at $29.95 on Friday. The stock’s fifty day moving average is $29.90 and its two-hundred day moving average is $30.00. SPDR Portfolio Short Term Corporate Bond ETF has a 52 week low of $29.46 and a 52 week high of $30.31.

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.