Allstate Corp cut its stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB – Free Report) by 14.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,733,540 shares of the company’s stock after selling 642,025 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF comprises approximately 1.5% of Allstate Corp’s portfolio, making the stock its 16th largest position. Allstate Corp’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $112,753,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of SPSB. Westfuller Advisors LLC purchased a new stake in SPDR Portfolio Short Term Corporate Bond ETF in the third quarter valued at $27,000. Bessemer Group Inc. purchased a new stake in SPDR Portfolio Short Term Corporate Bond ETF in the third quarter valued at $30,000. Smartleaf Asset Management LLC lifted its position in SPDR Portfolio Short Term Corporate Bond ETF by 2,862.9% in the third quarter. Smartleaf Asset Management LLC now owns 1,037 shares of the company’s stock valued at $31,000 after acquiring an additional 1,002 shares during the last quarter. AlphaCore Capital LLC acquired a new position in SPDR Portfolio Short Term Corporate Bond ETF in the third quarter valued at $37,000. Finally, Triumph Capital Management acquired a new position in SPDR Portfolio Short Term Corporate Bond ETF in the third quarter valued at $72,000.
SPDR Portfolio Short Term Corporate Bond ETF Stock Performance
NYSEARCA SPSB opened at $29.99 on Tuesday. SPDR Portfolio Short Term Corporate Bond ETF has a one year low of $29.92 and a one year high of $30.34. The firm’s fifty day moving average is $30.03 and its two-hundred day moving average is $30.15.
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.
See Also
- Five stocks we like better than SPDR Portfolio Short Term Corporate Bond ETF
- SpaceX Gets the Attention, But These 4 Stocks Could Get the Returns
- Microsoft Stock Discount May Be Ending as AI Catalysts Build
- Apparel Earnings Winners and Losers: Ralph Lauren Takes Off
- Why Walmart, Target and TJX Got Such Different Reactions After Earnings
Want to see what other hedge funds are holding SPSB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB – Free Report).
Receive News & Ratings for SPDR Portfolio Short Term Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Short Term Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
