SPDR Portfolio Short Term Corporate Bond ETF $SPSB Shares Acquired by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. grew its stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 10.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,181,566 shares of the company’s stock after buying an additional 206,334 shares during the period. PNC Financial Services Group Inc. owned 0.77% of SPDR Portfolio Short Term Corporate Bond ETF worth $65,883,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SPSB. Creative Planning boosted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 7.5% during the 3rd quarter. Creative Planning now owns 48,756,348 shares of the company’s stock worth $1,476,830,000 after purchasing an additional 3,401,784 shares during the period. Envestnet Asset Management Inc. boosted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 19.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,620,146 shares of the company’s stock worth $139,944,000 after purchasing an additional 741,369 shares during the period. First Command Advisory Services Inc. lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 706.6% in the 3rd quarter. First Command Advisory Services Inc. now owns 803,793 shares of the company’s stock worth $24,347,000 after acquiring an additional 704,139 shares during the period. MCF Advisors LLC lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 31.5% in the 3rd quarter. MCF Advisors LLC now owns 2,888,561 shares of the company’s stock worth $87,495,000 after acquiring an additional 691,231 shares during the period. Finally, BIP Wealth LLC lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 82.9% in the 3rd quarter. BIP Wealth LLC now owns 1,289,399 shares of the company’s stock worth $39,056,000 after acquiring an additional 584,356 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

SPSB stock opened at $29.99 on Friday. SPDR Portfolio Short Term Corporate Bond ETF has a one year low of $29.92 and a one year high of $30.34. The company has a fifty day moving average of $30.03 and a 200-day moving average of $30.16.

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.