SPDR Portfolio Short Term Corporate Bond ETF $SPSB Shares Purchased by Valmark Advisers Inc.

Valmark Advisers Inc. grew its position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 4.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,127,167 shares of the company’s stock after purchasing an additional 389,971 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF makes up approximately 3.3% of Valmark Advisers Inc.’s holdings, making the stock its 7th biggest position. Valmark Advisers Inc. owned 2.72% of SPDR Portfolio Short Term Corporate Bond ETF worth $274,454,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in SPSB. Brown Advisory Inc. grew its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 11.7% in the 2nd quarter. Brown Advisory Inc. now owns 7,817 shares of the company’s stock worth $236,000 after buying an additional 820 shares in the last quarter. Cerity Partners LLC raised its stake in SPDR Portfolio Short Term Corporate Bond ETF by 3.5% during the 2nd quarter. Cerity Partners LLC now owns 14,802 shares of the company’s stock valued at $447,000 after acquiring an additional 497 shares in the last quarter. State Street Corp boosted its position in SPDR Portfolio Short Term Corporate Bond ETF by 8.9% during the 2nd quarter. State Street Corp now owns 3,492,076 shares of the company’s stock worth $105,426,000 after acquiring an additional 286,709 shares during the period. Sei Investments Co. boosted its position in SPDR Portfolio Short Term Corporate Bond ETF by 583.7% during the 2nd quarter. Sei Investments Co. now owns 107,761 shares of the company’s stock worth $3,253,000 after acquiring an additional 92,000 shares during the period. Finally, Main Street Financial Solutions LLC acquired a new position in SPDR Portfolio Short Term Corporate Bond ETF during the 2nd quarter worth $814,000.

SPDR Portfolio Short Term Corporate Bond ETF Trading Down 0.1%

Shares of NYSEARCA:SPSB traded down $0.02 on Friday, hitting $29.89. The company’s stock had a trading volume of 2,023,540 shares, compared to its average volume of 3,345,521. SPDR Portfolio Short Term Corporate Bond ETF has a 12 month low of $29.87 and a 12 month high of $30.34. The stock’s 50-day moving average is $29.97 and its two-hundred day moving average is $30.09.

SPDR Portfolio Short Term Corporate Bond ETF Company 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.