Climber Capital SA Takes $7.54 Million Position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

Climber Capital SA acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) in the fourth quarter, HoldingsChannel reports. The firm acquired 256,259 shares of the company’s stock, valued at approximately $7,536,000. SPDR Portfolio Short Term Corporate Bond ETF accounts for approximately 5.8% of Climber Capital SA’s holdings, making the stock its 4th biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Synergy Investment Management LLC acquired a new position in SPDR Portfolio Short Term Corporate Bond ETF in the fourth quarter valued at $31,000. Crews Bank & Trust purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the 4th quarter worth about $81,000. Westside Investment Management Inc. boosted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 10.1% in the third quarter. Westside Investment Management Inc. now owns 3,800 shares of the company’s stock worth $115,000 after acquiring an additional 350 shares during the last quarter. SBI Securities Co. Ltd. acquired a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the fourth quarter worth approximately $154,000. Finally, Graney & King LLC acquired a new position in SPDR Portfolio Short Term Corporate Bond ETF during the fourth quarter worth approximately $168,000.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

NYSEARCA:SPSB opened at $29.99 on Thursday. SPDR Portfolio Short Term Corporate Bond ETF has a fifty-two week low of $29.46 and a fifty-two week high of $30.31. The firm’s 50 day moving average is $29.98 and its two-hundred day moving average is $29.99.

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.