Kestra Advisory Services LLC Lowers Holdings in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Kestra Advisory Services LLC lowered its position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 34.9% during the 1st quarter, Holdings Channel reports. The firm owned 59,364 shares of the company’s stock after selling 31,825 shares during the quarter. Kestra Advisory Services LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $1,785,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of SPSB. Creative Planning raised its position in SPDR Portfolio Short Term Corporate Bond ETF by 7.5% during the 3rd quarter. Creative Planning now owns 48,756,348 shares of the company’s stock valued at $1,476,830,000 after purchasing an additional 3,401,784 shares in the last quarter. LPL Financial LLC grew its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 19.2% during the 4th quarter. LPL Financial LLC now owns 9,425,480 shares of the company’s stock worth $284,649,000 after buying an additional 1,518,271 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 52.7% during the fourth quarter. Wells Fargo & Company MN now owns 3,677,610 shares of the company’s stock valued at $111,064,000 after buying an additional 1,269,768 shares during the period. SoundView Advisors Inc. purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the fourth quarter valued at $30,807,000. Finally, Morgan Stanley raised its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 13.2% in the fourth quarter. Morgan Stanley now owns 8,712,343 shares of the company’s stock valued at $263,113,000 after acquiring an additional 1,017,975 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

NYSEARCA:SPSB opened at $29.93 on Tuesday. SPDR Portfolio Short Term Corporate Bond ETF has a 1-year low of $29.85 and a 1-year high of $30.34. The company has a 50-day moving average of $29.96 and a 200 day moving average of $30.08.

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.