First Horizon Advisors Inc. Raises Stock Holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

First Horizon Advisors Inc. boosted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 4.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 53,036 shares of the company’s stock after acquiring an additional 2,353 shares during the quarter. First Horizon Advisors Inc.’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $1,584,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Kennebec Savings Bank purchased a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF during the third quarter valued at $48,000. Crews Bank & Trust bought a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the 4th quarter valued at about $81,000. Princeton Global Asset Management LLC purchased a new stake in SPDR Portfolio Short Term Corporate Bond ETF in the 3rd quarter valued at about $102,000. Westside Investment Management Inc. grew its stake in SPDR Portfolio Short Term Corporate Bond ETF by 10.1% in the 3rd quarter. Westside Investment Management Inc. now owns 3,800 shares of the company’s stock worth $115,000 after acquiring an additional 350 shares in the last quarter. Finally, Bank of Jackson Hole Trust purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the fourth quarter worth approximately $262,000.

SPDR Portfolio Short Term Corporate Bond ETF Trading Up 0.1 %

Shares of NYSEARCA SPSB opened at $29.99 on Monday. SPDR Portfolio Short Term Corporate Bond ETF has a 52-week low of $29.46 and a 52-week high of $30.31. The stock has a 50 day moving average price of $29.89 and a 200 day moving average price of $30.00.

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.