Horizon Investments LLC Has $29.77 Million Stock Holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

Horizon Investments LLC lowered its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 35.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 997,107 shares of the company’s stock after selling 554,130 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF makes up 0.9% of Horizon Investments LLC’s investment portfolio, making the stock its 15th biggest holding. Horizon Investments LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $29,774,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in SPSB. Synergy Investment Management LLC bought a new stake in SPDR Portfolio Short Term Corporate Bond ETF in the 4th quarter valued at about $31,000. Crews Bank & Trust acquired a new stake in SPDR Portfolio Short Term Corporate Bond ETF in the fourth quarter valued at approximately $81,000. Westside Investment Management Inc. increased its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 10.1% during the third quarter. Westside Investment Management Inc. now owns 3,800 shares of the company’s stock valued at $115,000 after acquiring an additional 350 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the fourth quarter worth approximately $154,000. Finally, Bank of Jackson Hole Trust bought a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 4th quarter worth $262,000.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

Shares of SPSB stock opened at $29.95 on Tuesday. The firm has a fifty day simple moving average of $29.95 and a two-hundred day simple moving average of $29.99. SPDR Portfolio Short Term Corporate Bond ETF has a 12 month low of $29.46 and a 12 month 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.