Fifth Third Bancorp Has $2.06 Million Stock Position in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Fifth Third Bancorp increased its stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 1,273.4% during the first quarter, Holdings Channel.com reports. The fund owned 68,355 shares of the company’s stock after buying an additional 63,378 shares during the period. Fifth Third Bancorp’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $2,055,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SPSB. Strive Financial Group LLC acquired a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the 4th quarter valued at approximately $35,000. AlphaCore Capital LLC lifted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 48.0% in the 4th quarter. AlphaCore Capital LLC now owns 1,807 shares of the company’s stock worth $55,000 after purchasing an additional 586 shares during the period. IFC & Insurance Marketing Inc. acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 4th quarter worth approximately $58,000. CIBC Private Wealth Group LLC boosted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 17.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 2,203 shares of the company’s stock valued at $67,000 after purchasing an additional 334 shares during the last quarter. Finally, Root Financial Partners LLC boosted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 112.2% in the 1st quarter. Root Financial Partners LLC now owns 2,368 shares of the company’s stock valued at $71,000 after purchasing an additional 1,252 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Trading Down 0.1%

SPSB opened at $29.89 on Thursday. SPDR Portfolio Short Term Corporate Bond ETF has a twelve month low of $29.85 and a twelve month high of $30.34. The company has a fifty day moving average of $29.95 and a 200-day moving average of $30.08.

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.