SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) Stock Position Decreased by RiverFront Investment Group LLC

RiverFront Investment Group LLC cut its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 2.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 2,213,786 shares of the company’s stock after selling 44,924 shares during the quarter. SPDR Portfolio Short Term Corporate Bond ETF comprises 2.1% of RiverFront Investment Group LLC’s holdings, making the stock its 15th biggest position. RiverFront Investment Group LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $65,926,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of SPSB. WestEnd Advisors LLC boosted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 104.3% in the fourth quarter. WestEnd Advisors LLC now owns 954 shares of the company’s stock worth $28,000 after buying an additional 487 shares during the period. Ancora Advisors LLC acquired a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the third quarter worth $32,000. Westside Investment Management Inc. boosted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 16.9% in the fourth quarter. Westside Investment Management Inc. now owns 3,450 shares of the company’s stock worth $103,000 after buying an additional 500 shares during the period. NBC Securities Inc. acquired a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the third quarter worth $147,000. Finally, Q3 Asset Management boosted its position in SPDR Portfolio Short Term Corporate Bond ETF by 18.5% during the third quarter. Q3 Asset Management now owns 8,084 shares of the company’s stock valued at $236,000 after purchasing an additional 1,260 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

SPSB remained flat at $29.58 during trading on Friday. The company had a trading volume of 1,096,225 shares, compared to its average volume of 2,369,524. SPDR Portfolio Short Term Corporate Bond ETF has a 52-week low of $29.10 and a 52-week high of $29.94. The firm’s fifty day moving average price is $29.67 and its 200-day moving average price is $29.61.

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.