Arrien Investments Inc. Purchases 108,533 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Arrien Investments Inc. grew its position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 55.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 303,552 shares of the company’s stock after acquiring an additional 108,533 shares during the quarter. SPDR Portfolio Short Term Corporate Bond ETF comprises approximately 4.9% of Arrien Investments Inc.’s portfolio, making the stock its 6th biggest position. Arrien Investments Inc.’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $9,128,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of SPSB. Creative Planning boosted its stake 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 buying an additional 3,401,784 shares during the period. LPL Financial LLC increased its position 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 acquiring an additional 1,518,271 shares during the period. Wells Fargo & Company MN increased its position in SPDR Portfolio Short Term Corporate Bond ETF by 52.7% in the 4th quarter. Wells Fargo & Company MN now owns 3,677,610 shares of the company’s stock valued at $111,064,000 after acquiring an additional 1,269,768 shares during the period. SoundView Advisors Inc. purchased a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the 4th quarter valued at approximately $30,807,000. Finally, Morgan Stanley raised its stake 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 valued at $263,113,000 after acquiring an additional 1,017,975 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

SPDR Portfolio Short Term Corporate Bond ETF stock opened at $29.93 on Friday. The stock has a 50 day moving average of $29.99 and a two-hundred day moving average of $30.10. SPDR Portfolio Short Term Corporate Bond ETF has a twelve month low of $29.88 and a twelve month 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.