LPL Financial LLC Grows Stock Holdings in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

LPL Financial LLC increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 19.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,425,480 shares of the company’s stock after buying an additional 1,518,271 shares during the quarter. LPL Financial LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $284,649,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Creative Planning lifted its position in SPDR Portfolio Short Term Corporate Bond ETF by 7.5% in the third quarter. Creative Planning now owns 48,756,348 shares of the company’s stock valued at $1,476,830,000 after purchasing an additional 3,401,784 shares during the period. SoundView Advisors Inc. acquired a new stake in SPDR Portfolio Short Term Corporate Bond ETF in the fourth quarter valued at about $30,807,000. Ameriprise Financial Inc. lifted its position in SPDR Portfolio Short Term Corporate Bond ETF by 38.5% in the second quarter. Ameriprise Financial Inc. now owns 2,047,345 shares of the company’s stock valued at $61,803,000 after purchasing an additional 569,101 shares during the period. TrueMark Investments LLC lifted its position in SPDR Portfolio Short Term Corporate Bond ETF by 2,888.4% in the fourth quarter. TrueMark Investments LLC now owns 505,908 shares of the company’s stock valued at $15,278,000 after purchasing an additional 488,979 shares during the period. Finally, Raymond James Financial Inc. lifted its position in SPDR Portfolio Short Term Corporate Bond ETF by 86.9% in the third quarter. Raymond James Financial Inc. now owns 993,528 shares of the company’s stock valued at $30,094,000 after purchasing an additional 461,971 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

Shares of NYSEARCA:SPSB opened at $29.92 on Wednesday. SPDR Portfolio Short Term Corporate Bond ETF has a 52 week low of $29.88 and a 52 week high of $30.34. The company has a 50-day moving average price of $30.02 and a 200 day moving average price of $30.14.

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.