Farther Finance Advisors LLC Increases Position in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Farther Finance Advisors LLC raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 1,705.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 27,339 shares of the company’s stock after acquiring an additional 25,825 shares during the period. Farther Finance Advisors LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $828,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. JPMorgan Chase & Co. boosted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 28.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 32,109,859 shares of the company’s stock worth $969,397,000 after purchasing an additional 7,071,441 shares during the last quarter. Creative Planning lifted its position in SPDR Portfolio Short Term Corporate Bond ETF by 5.0% during the second quarter. Creative Planning now owns 45,354,564 shares of the company’s stock worth $1,369,254,000 after buying an additional 2,140,455 shares in the last quarter. NFP Retirement Inc. acquired a new position in SPDR Portfolio Short Term Corporate Bond ETF during the second quarter worth $19,458,000. Ameriprise Financial Inc. grew its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 38.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,047,345 shares of the company’s stock valued at $61,803,000 after buying an additional 569,101 shares in the last quarter. Finally, Saiph Capital LLC increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 203.8% in the 2nd quarter. Saiph Capital LLC now owns 469,529 shares of the company’s stock worth $14,175,000 after acquiring an additional 314,988 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

NYSEARCA SPSB opened at $30.20 on Tuesday. The business’s fifty day simple moving average is $30.22 and its 200-day simple moving average is $30.18. SPDR Portfolio Short Term Corporate Bond ETF has a 52 week low of $29.74 and a 52 week high of $30.34.

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.