30,719 Shares in SPDR Portfolio Short Term Corporate Bond ETF $SPSB Bought by Independent Financial Group LLC

Independent Financial Group LLC bought a new position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 30,719 shares of the company’s stock, valued at approximately $924,000.

Several other large investors have also recently bought and sold shares of the company. Creative Planning grew its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 7.5% during the third quarter. Creative Planning now owns 48,756,348 shares of the company’s stock worth $1,476,830,000 after purchasing an additional 3,401,784 shares during the last quarter. LPL Financial LLC raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 19.2% in the 4th quarter. LPL Financial LLC now owns 9,425,480 shares of the company’s stock valued at $284,649,000 after buying an additional 1,518,271 shares during the last quarter. Valmark Advisers Inc. raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 4.5% in the 1st quarter. Valmark Advisers Inc. now owns 9,127,167 shares of the company’s stock valued at $274,454,000 after buying an additional 389,971 shares during the last quarter. Morgan Stanley boosted its position in SPDR Portfolio Short Term Corporate Bond ETF by 13.2% during the 4th quarter. Morgan Stanley now owns 8,712,343 shares of the company’s stock worth $263,113,000 after buying an additional 1,017,975 shares during the period. Finally, Advisory Alpha LLC grew its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 3.1% during the 4th quarter. Advisory Alpha LLC now owns 4,365,866 shares of the company’s stock worth $131,851,000 after acquiring an additional 130,510 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

SPSB opened at $29.93 on Tuesday. SPDR Portfolio Short Term Corporate Bond ETF has a fifty-two week low of $29.85 and a fifty-two week high of $30.34. The company’s 50 day moving average price is $29.96 and its two-hundred day moving average price is $30.08.

SPDR Portfolio Short Term Corporate Bond ETF Company 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.