MainStreet Investment Advisors LLC Has $1.59 Million Stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

MainStreet Investment Advisors LLC increased its position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 18.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 53,227 shares of the company’s stock after purchasing an additional 8,161 shares during the period. MainStreet Investment Advisors LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $1,589,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 96.6% during the 4th quarter. JPMorgan Chase & Co. now owns 37,579,708 shares of the company’s stock valued at $1,122,130,000 after buying an additional 18,467,267 shares during the period. Climber Capital SA acquired a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF during the 4th quarter valued at $7,536,000. Allstate Corp boosted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 26.1% during the 4th quarter. Allstate Corp now owns 1,064,375 shares of the company’s stock valued at $31,782,000 after buying an additional 220,335 shares during the period. Baird Financial Group Inc. boosted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 5.3% during the 4th quarter. Baird Financial Group Inc. now owns 3,892,091 shares of the company’s stock valued at $116,218,000 after buying an additional 194,695 shares during the period. Finally, Arkansas Financial Group Inc. boosted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 11.6% during the 4th quarter. Arkansas Financial Group Inc. now owns 1,097,638 shares of the company’s stock valued at $32,775,000 after buying an additional 113,919 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

Shares of NYSEARCA:SPSB opened at $29.95 on Wednesday. SPDR Portfolio Short Term Corporate Bond ETF has a 12-month low of $29.57 and a 12-month high of $30.31. The firm has a fifty day moving average of $29.98 and a two-hundred day moving average of $29.95.

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.