M Holdings Securities Inc. Raises Holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

M Holdings Securities Inc. boosted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 4.0% in the fourth quarter, Holdings Channel reports. The institutional investor owned 484,590 shares of the company’s stock after purchasing an additional 18,543 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF accounts for approximately 2.3% of M Holdings Securities Inc.’s portfolio, making the stock its 9th biggest position. M Holdings Securities Inc.’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $14,470,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 96.6% in the fourth quarter. JPMorgan Chase & Co. now owns 37,579,708 shares of the company’s stock worth $1,122,130,000 after buying an additional 18,467,267 shares in the last quarter. Climber Capital SA bought a new position in SPDR Portfolio Short Term Corporate Bond ETF in the 4th quarter valued at approximately $7,536,000. Allstate Corp boosted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 26.1% during the 4th quarter. Allstate Corp now owns 1,064,375 shares of the company’s stock valued at $31,782,000 after purchasing an additional 220,335 shares during the last quarter. Arkansas Financial Group Inc. increased its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 11.6% in the 4th quarter. Arkansas Financial Group Inc. now owns 1,097,638 shares of the company’s stock worth $32,775,000 after purchasing an additional 113,919 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 36.5% in the fourth quarter. GAMMA Investing LLC now owns 124,735 shares of the company’s stock worth $3,725,000 after purchasing an additional 33,381 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Up 0.2 %

Shares of NYSEARCA:SPSB opened at $29.87 on Tuesday. SPDR Portfolio Short Term Corporate Bond ETF has a 1 year low of $29.46 and a 1 year high of $30.31. The stock’s fifty day moving average price is $29.97 and its 200-day moving average price is $29.96.

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.