SPDR Portfolio Short Term Corporate Bond ETF $SPSB Shares Acquired by Cascade Financial Partners LLC

Cascade Financial Partners LLC grew its holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 118.8% in the 4th quarter, Holdings Channel.com reports. The fund owned 194,237 shares of the company’s stock after buying an additional 105,452 shares during the period. Cascade Financial Partners LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $5,866,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Creative Planning boosted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 7.5% in the third quarter. Creative Planning now owns 48,756,348 shares of the company’s stock worth $1,476,830,000 after acquiring an additional 3,401,784 shares in the last quarter. Valmark Advisers Inc. boosted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 4.1% in the fourth quarter. Valmark Advisers Inc. now owns 8,737,196 shares of the company’s stock worth $263,863,000 after acquiring an additional 340,112 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 19.1% in the third quarter. Envestnet Asset Management Inc. now owns 4,620,146 shares of the company’s stock worth $139,944,000 after acquiring an additional 741,369 shares in the last quarter. Allstate Corp boosted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 99.4% in the third quarter. Allstate Corp now owns 4,375,565 shares of the company’s stock worth $132,536,000 after acquiring an additional 2,181,050 shares in the last quarter. Finally, Advisory Alpha LLC lifted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 10.1% during the third quarter. Advisory Alpha LLC now owns 4,235,356 shares of the company’s stock worth $127,958,000 after purchasing an additional 389,790 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

SPDR Portfolio Short Term Corporate Bond ETF stock opened at $29.95 on Monday. SPDR Portfolio Short Term Corporate Bond ETF has a 52 week low of $29.93 and a 52 week high of $30.34. The stock has a 50-day moving average price of $30.05 and a 200 day moving average price of $30.16.

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.