Nations Financial Group Inc. IA ADV Reduces Position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

Nations Financial Group Inc. IA ADV reduced its stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 8.5% during the 4th quarter, HoldingsChannel reports. The firm owned 77,726 shares of the company’s stock after selling 7,260 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $2,321,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of SPSB. JPMorgan Chase & Co. grew its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 7.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 19,112,441 shares of the company’s stock valued at $578,725,000 after purchasing an additional 1,253,004 shares during the last quarter. Hudson Valley Investment Advisors Inc. ADV grew its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 108.5% in 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 purchasing an additional 529,121 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 8,443.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 307,552 shares of the company’s stock valued at $9,313,000 after purchasing an additional 303,952 shares during the last quarter. Arkansas Financial Group Inc. grew its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 11.6% in the 4th quarter. Arkansas Financial Group Inc. now owns 1,097,638 shares of the company’s stock valued at $32,775,000 after purchasing an additional 113,919 shares during the last quarter. Finally, Mascoma Wealth Management LLC boosted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 384.0% in the third quarter. Mascoma Wealth Management LLC now owns 81,499 shares of the company’s stock valued at $2,468,000 after buying an additional 64,661 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

SPDR Portfolio Short Term Corporate Bond ETF stock opened at $29.95 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a 1-year low of $29.46 and a 1-year high of $30.31. The stock’s 50 day moving average price is $29.90 and its 200 day moving average price is $30.00.

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.