Bank of New York Mellon Corp Has $34.75 Million Holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

Bank of New York Mellon Corp lessened its stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 36.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,163,725 shares of the company’s stock after selling 659,395 shares during the quarter. Bank of New York Mellon Corp owned about 0.45% of SPDR Portfolio Short Term Corporate Bond ETF worth $34,749,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SPSB. First Horizon Advisors Inc. increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 4.6% in the fourth quarter. First Horizon Advisors Inc. now owns 53,036 shares of the company’s stock valued at $1,584,000 after buying an additional 2,353 shares during the period. Bank of Jackson Hole Trust acquired a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the 4th quarter valued at approximately $262,000. Rogco LP increased its position in SPDR Portfolio Short Term Corporate Bond ETF by 6.9% during the 4th quarter. Rogco LP now owns 375,139 shares of the company’s stock valued at $11,202,000 after purchasing an additional 24,375 shares during the period. Gradient Capital Advisors LLC increased its position in SPDR Portfolio Short Term Corporate Bond ETF by 5.9% during the 4th quarter. Gradient Capital Advisors LLC now owns 20,438 shares of the company’s stock valued at $610,000 after purchasing an additional 1,131 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. increased its position in SPDR Portfolio Short Term Corporate Bond ETF by 14.0% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 21,119 shares of the company’s stock valued at $631,000 after purchasing an additional 2,590 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

NYSEARCA:SPSB opened at $29.98 on Friday. The company has a 50 day simple moving average of $29.93 and a two-hundred day simple moving average of $30.00. SPDR Portfolio Short Term Corporate Bond ETF has a fifty-two week low of $29.46 and a fifty-two week high of $30.31.

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.