Farther Finance Advisors LLC Increases Stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

Farther Finance Advisors LLC lifted its stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 3.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,821 shares of the company’s stock after buying an additional 373 shares during the quarter. Farther Finance Advisors LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $353,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. JPMorgan Chase & Co. increased its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 7.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 19,112,441 shares of the company’s stock valued at $578,725,000 after acquiring an additional 1,253,004 shares during the last quarter. Arkansas Financial Group Inc. grew its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 11.6% during the fourth quarter. Arkansas Financial Group Inc. now owns 1,097,638 shares of the company’s stock valued at $32,775,000 after purchasing an additional 113,919 shares in the last quarter. Hudson Valley Investment Advisors Inc. ADV increased its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.1% in the fourth quarter. Hudson Valley Investment Advisors Inc. ADV now owns 1,048,489 shares of the company’s stock worth $31,308,000 after purchasing an additional 31,537 shares during the last quarter. BIP Wealth LLC lifted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 9.5% in the third quarter. BIP Wealth LLC now owns 543,299 shares of the company’s stock worth $16,451,000 after buying an additional 46,944 shares in the last quarter. Finally, Rogco LP boosted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 6.9% during the fourth quarter. Rogco LP now owns 375,139 shares of the company’s stock valued at $11,202,000 after buying an additional 24,375 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

NYSEARCA SPSB opened at $29.95 on Tuesday. SPDR Portfolio Short Term Corporate Bond ETF has a 1-year low of $29.46 and a 1-year high of $30.31. The business has a 50 day simple moving average of $29.95 and a two-hundred day simple moving average of $29.99.

About SPDR Portfolio Short Term Corporate Bond ETF

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.