First Command Advisory Services Inc. Grows Stock Position in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

First Command Advisory Services Inc. grew its position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 21.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 976,410 shares of the company’s stock after acquiring an additional 172,617 shares during the quarter. SPDR Portfolio Short Term Corporate Bond ETF comprises 0.2% of First Command Advisory Services Inc.’s holdings, making the stock its 28th largest position. First Command Advisory Services Inc. owned 0.34% of SPDR Portfolio Short Term Corporate Bond ETF worth $29,488,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in SPSB. Brown Advisory Inc. lifted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 11.7% in the second quarter. Brown Advisory Inc. now owns 7,817 shares of the company’s stock valued at $236,000 after acquiring an additional 820 shares in the last quarter. Cerity Partners LLC lifted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.5% in the second quarter. Cerity Partners LLC now owns 14,802 shares of the company’s stock valued at $447,000 after acquiring an additional 497 shares in the last quarter. State Street Corp lifted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 8.9% in the second quarter. State Street Corp now owns 3,492,076 shares of the company’s stock valued at $105,426,000 after acquiring an additional 286,709 shares in the last quarter. Sei Investments Co. lifted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 583.7% in the second quarter. Sei Investments Co. now owns 107,761 shares of the company’s stock valued at $3,253,000 after acquiring an additional 92,000 shares in the last quarter. Finally, Main Street Financial Solutions LLC purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the second quarter valued at approximately $814,000.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

NYSEARCA SPSB opened at $29.90 on Friday. The stock’s 50 day simple moving average is $30.02 and its 200-day simple moving average is $30.14. SPDR Portfolio Short Term Corporate Bond ETF has a 1-year low of $29.88 and a 1-year 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.