Parallel Advisors LLC Decreases Stock Holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

Parallel Advisors LLC lowered its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 5.8% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 96,273 shares of the company’s stock after selling 5,975 shares during the period. Parallel Advisors LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $2,875,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its position in SPDR Portfolio Short Term Corporate Bond ETF by 7.0% during the third 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 period. BNP Paribas Financial Markets raised its stake in SPDR Portfolio Short Term Corporate Bond ETF by 8,443.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 307,552 shares of the company’s stock valued at $9,313,000 after buying an additional 303,952 shares during the last quarter. Arkansas Financial Group Inc. lifted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 11.6% during the 4th quarter. Arkansas Financial Group Inc. now owns 1,097,638 shares of the company’s stock valued at $32,775,000 after buying an additional 113,919 shares during the period. STAR Financial Bank purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 3rd quarter worth $1,460,000. Finally, BIP Wealth LLC grew its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 9.5% in the third quarter. BIP Wealth LLC now owns 543,299 shares of the company’s stock worth $16,451,000 after acquiring an additional 46,944 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

SPSB stock opened at $29.95 on Tuesday. The business’s 50-day moving average is $29.95 and its two-hundred day moving average is $29.99. SPDR Portfolio Short Term Corporate Bond ETF has a fifty-two week low of $29.46 and a fifty-two week high of $30.31.

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.