PFG Advisors Sells 35,727 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB

PFG Advisors reduced its position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 47.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,917 shares of the company’s stock after selling 35,727 shares during the quarter. PFG Advisors’ holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $1,206,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in SPSB. Brown Advisory Inc. raised its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 11.7% in the second quarter. Brown Advisory Inc. now owns 7,817 shares of the company’s stock valued at $236,000 after acquiring an additional 820 shares in the last quarter. Cerity Partners LLC raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 3.5% in the second quarter. Cerity Partners LLC now owns 14,802 shares of the company’s stock worth $447,000 after purchasing an additional 497 shares in the last quarter. State Street Corp raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 8.9% in the second quarter. State Street Corp now owns 3,492,076 shares of the company’s stock worth $105,426,000 after purchasing an additional 286,709 shares in the last quarter. Sei Investments Co. raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 583.7% in the second quarter. Sei Investments Co. now owns 107,761 shares of the company’s stock worth $3,253,000 after purchasing an additional 92,000 shares in the last quarter. Finally, Main Street Financial Solutions LLC bought a new position in SPDR Portfolio Short Term Corporate Bond ETF in the second quarter worth about $814,000.

SPDR Portfolio Short Term Corporate Bond ETF Trading Up 0.0%

Shares of SPDR Portfolio Short Term Corporate Bond ETF stock opened at $30.10 on Thursday. The company has a 50-day simple moving average of $30.12 and a two-hundred day simple moving average of $30.19. SPDR Portfolio Short Term Corporate Bond ETF has a one year low of $29.92 and a one year high of $30.34.

SPDR Portfolio Short Term Corporate Bond ETF 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.