STAR Financial Bank Buys Shares of 48,224 SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

STAR Financial Bank acquired a new position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 48,224 shares of the company’s stock, valued at approximately $1,460,000. SPDR Portfolio Short Term Corporate Bond ETF makes up about 1.0% of STAR Financial Bank’s investment portfolio, making the stock its 26th biggest position.

A number of other institutional investors have also recently made changes to their positions in SPSB. IFG Advisory LLC increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 1.9% in the 2nd quarter. IFG Advisory LLC now owns 30,798 shares of the company’s stock valued at $915,000 after purchasing an additional 578 shares in the last quarter. Coston McIsaac & Partners acquired a new position in SPDR Portfolio Short Term Corporate Bond ETF in the third quarter valued at approximately $25,000. Avior Wealth Management LLC lifted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 0.9% in the third quarter. Avior Wealth Management LLC now owns 121,558 shares of the company’s stock valued at $3,681,000 after acquiring an additional 1,030 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. raised its position in SPDR Portfolio Short Term Corporate Bond ETF by 7.6% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 18,529 shares of the company’s stock valued at $561,000 after purchasing an additional 1,311 shares during the period. Finally, Kennebec Savings Bank purchased a new stake in SPDR Portfolio Short Term Corporate Bond ETF in the third quarter valued at approximately $48,000.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

NYSEARCA:SPSB opened at $29.94 on Thursday. The business’s fifty day moving average price is $30.08 and its 200 day moving average price is $29.91. SPDR Portfolio Short Term Corporate Bond ETF has a 12 month low of $29.46 and a 12 month high of $30.31.

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.