Eldridge Investment Advisors Inc. Takes Position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

Eldridge Investment Advisors Inc. acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 14,398 shares of the company’s stock, valued at approximately $429,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. TIAA Trust National Association bought a new stake in SPDR Portfolio Short Term Corporate Bond ETF in the third quarter worth approximately $71,080,000. Bank of New York Mellon Corp boosted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 437.7% in the third quarter. Bank of New York Mellon Corp now owns 405,653 shares of the company’s stock worth $11,894,000 after purchasing an additional 330,208 shares in the last quarter. Allstate Corp increased its position in SPDR Portfolio Short Term Corporate Bond ETF by 13.5% during the third quarter. Allstate Corp now owns 2,072,755 shares of the company’s stock worth $60,773,000 after buying an additional 246,370 shares during the last quarter. NewSquare Capital LLC raised its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 67,708.7% during the fourth quarter. NewSquare Capital LLC now owns 242,755 shares of the company’s stock valued at $7,229,000 after buying an additional 242,397 shares in the last quarter. Finally, Toronto Dominion Bank acquired a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF in the third quarter worth about $5,864,000.

SPDR Portfolio Short Term Corporate Bond ETF Trading Up 0.2 %

SPSB stock traded up $0.05 during midday trading on Friday, hitting $29.63. 1,201,245 shares of the company traded hands, compared to its average volume of 2,335,934. The business has a 50 day simple moving average of $29.65 and a 200-day simple moving average of $29.62. SPDR Portfolio Short Term Corporate Bond ETF has a twelve month low of $29.10 and a twelve month high of $29.94.

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.