23,189 Shares in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) Bought by Zhang Financial LLC

Zhang Financial LLC bought a new position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 23,189 shares of the company’s stock, valued at approximately $691,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Allstate Investment Management Co. purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF in the fourth quarter worth $90,116,000. TIAA Trust National Association bought a new stake in SPDR Portfolio Short Term Corporate Bond ETF in the third quarter worth $71,080,000. RiverFront Investment Group LLC lifted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 2.1% in the first quarter. RiverFront Investment Group LLC now owns 2,350,641 shares of the company’s stock worth $69,650,000 after purchasing an additional 48,423 shares during the last quarter. Allstate Corp lifted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 13.5% in the third quarter. Allstate Corp now owns 2,072,755 shares of the company’s stock worth $60,773,000 after purchasing an additional 246,370 shares during the last quarter. Finally, PFS Investments Inc. lifted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 38.7% in the fourth quarter. PFS Investments Inc. now owns 761,183 shares of the company’s stock worth $22,364,000 after purchasing an additional 212,411 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

SPDR Portfolio Short Term Corporate Bond ETF stock opened at $29.54 on Friday. The firm has a fifty day simple moving average of $29.68 and a two-hundred day simple moving average of $29.60. SPDR Portfolio Short Term Corporate Bond ETF has a twelve month low of $29.10 and a twelve month high of $29.94.

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.