First Horizon Advisors Inc. Sells 7,777 Shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

by · The Cerbat Gem

First Horizon Advisors Inc. decreased its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSBFree Report) by 13.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 50,683 shares of the company’s stock after selling 7,777 shares during the period. First Horizon Advisors Inc.’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $1,535,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SPSB. Money Design Co. Ltd. raised its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.0% during the 3rd quarter. Money Design Co. Ltd. now owns 113,780 shares of the company’s stock valued at $3,445,000 after buying an additional 3,266 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 37.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,820,340 shares of the company’s stock valued at $54,064,000 after purchasing an additional 495,999 shares during the last quarter. Manning & Napier Advisors LLC purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the 2nd quarter valued at about $35,053,000. Eukles Asset Management lifted its position in SPDR Portfolio Short Term Corporate Bond ETF by 1.3% in the 2nd quarter. Eukles Asset Management now owns 141,996 shares of the company’s stock worth $4,217,000 after buying an additional 1,890 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 130.7% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 406,916 shares of the company’s stock worth $12,085,000 after acquiring an additional 230,569 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Down 0.1 %

Shares of SPDR Portfolio Short Term Corporate Bond ETF stock opened at $29.94 on Thursday. The company has a fifty day moving average of $30.08 and a 200-day moving average of $29.91. SPDR Portfolio Short Term Corporate Bond ETF has a 52-week low of $29.46 and a 52-week high of $30.31.

About SPDR Portfolio Short Term Corporate Bond ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SPSB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSBFree Report).