First Horizon Advisors Inc. Increases Stock Position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

First Horizon Advisors Inc. boosted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 4.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 53,036 shares of the company’s stock after acquiring an additional 2,353 shares during the quarter. First Horizon Advisors Inc.’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $1,584,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of SPSB. Bank of Jackson Hole Trust purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF in the fourth quarter valued at about $262,000. Rogco LP boosted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 6.9% in the 4th quarter. Rogco LP now owns 375,139 shares of the company’s stock valued at $11,202,000 after buying an additional 24,375 shares in the last quarter. Gradient Capital Advisors LLC grew its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 5.9% in the 4th quarter. Gradient Capital Advisors LLC now owns 20,438 shares of the company’s stock worth $610,000 after buying an additional 1,131 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 14.0% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 21,119 shares of the company’s stock worth $631,000 after acquiring an additional 2,590 shares in the last quarter. Finally, Crews Bank & Trust purchased a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the fourth quarter valued at approximately $81,000.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

Shares of SPSB opened at $29.99 on Monday. The company has a 50 day moving average of $29.89 and a two-hundred day moving average of $30.00. SPDR Portfolio Short Term Corporate Bond ETF has a twelve month low of $29.46 and a twelve 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.