The SPDR Portfolio Short Term Corporate Bond ETF (SPSB) experienced a significant outflow of approximately $141.2 million this week, marking a 1.8% decrease in shares outstanding from 265,700,000 to 260,900,000. This change occurred during the week ending October 8, 2023.
SPSB’s current share price is $29.43, with a 52-week range between $28.92 and $29.91. The ETF’s performance can be evaluated against its 200-day moving average, which is a common technical analysis tool for investors.
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