Farther Finance Advisors LLC Boosts Stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

Farther Finance Advisors LLC grew its position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 2,427.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,448 shares of the company’s stock after buying an additional 10,995 shares during the quarter. Farther Finance Advisors LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $347,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of SPSB. TIAA Trust National Association grew its stake in SPDR Portfolio Short Term Corporate Bond ETF by 6.7% in the 1st quarter. TIAA Trust National Association now owns 2,367,461 shares of the company’s stock valued at $70,479,000 after purchasing an additional 147,792 shares during the period. Allstate Corp increased its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 22.0% during the first quarter. Allstate Corp now owns 1,893,700 shares of the company’s stock worth $56,375,000 after buying an additional 342,085 shares during the last quarter. Bank of New York Mellon Corp raised its position in SPDR Portfolio Short Term Corporate Bond ETF by 37.5% in the second quarter. Bank of New York Mellon Corp now owns 1,820,340 shares of the company’s stock worth $54,064,000 after acquiring an additional 495,999 shares during the period. Manning & Napier Advisors LLC purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF in the second quarter valued at about $35,053,000. Finally, Hudson Valley Investment Advisors Inc. ADV grew its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 108.5% during the 3rd quarter. Hudson Valley Investment Advisors Inc. ADV now owns 1,016,952 shares of the company’s stock valued at $30,793,000 after acquiring an additional 529,121 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

Shares of SPSB stock opened at $29.96 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a 12-month low of $29.26 and a 12-month high of $30.31. The company has a 50 day moving average of $30.11 and a 200-day moving average of $29.88.

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.