Entelevest LLC Makes New Investment in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Entelevest LLC purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) during the 4th quarter, Holdings Channel.com reports. The fund purchased 45,874 shares of the company’s stock, valued at approximately $1,385,000. SPDR Portfolio Short Term Corporate Bond ETF accounts for about 1.4% of Entelevest LLC’s holdings, making the stock its 19th largest position.

Several other institutional investors have also recently made changes to their positions in the stock. Creative Planning increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 7.5% during the 3rd 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 increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 19.2% during the 4th quarter. LPL Financial LLC now owns 9,425,480 shares of the company’s stock worth $284,649,000 after purchasing an additional 1,518,271 shares during the last quarter. Valmark Advisers Inc. increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 4.1% during the 4th quarter. Valmark Advisers Inc. now owns 8,737,196 shares of the company’s stock worth $263,863,000 after purchasing an additional 340,112 shares during the last quarter. Advisory Alpha LLC increased its position in shares of 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 purchasing an additional 130,510 shares during the last quarter. Finally, State Street Corp increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 8.9% during the 2nd quarter. State Street Corp now owns 3,492,076 shares of the company’s stock worth $105,426,000 after purchasing an additional 286,709 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Up 0.0%

NYSEARCA:SPSB opened at $29.93 on Thursday. SPDR Portfolio Short Term Corporate Bond ETF has a twelve month low of $29.88 and a twelve month high of $30.34. The stock’s 50 day moving average price is $30.02 and its two-hundred day moving average price is $30.13.

About SPDR Portfolio Short Term Corporate Bond ETF

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.