Arkansas Financial Group Inc. lifted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB – Free Report) by 21.6% during the 3rd quarter, Holdings Channel.com reports. The fund owned 983,719 shares of the company’s stock after buying an additional 174,813 shares during the period. SPDR Portfolio Short Term Corporate Bond ETF accounts for 4.6% of Arkansas Financial Group Inc.’s investment portfolio, making the stock its 7th biggest holding. Arkansas Financial Group Inc.’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $29,787,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. LRI Investments LLC purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF in the first quarter valued at approximately $58,000. SouthState Corp purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 2nd quarter valued at $82,000. Atlas Capital Advisors LLC acquired a new stake in SPDR Portfolio Short Term Corporate Bond ETF during the 2nd quarter worth $132,000. Private Ocean LLC purchased a new stake in SPDR Portfolio Short Term Corporate Bond ETF in the second quarter valued at $146,000. Finally, NBC Securities Inc. boosted its stake in SPDR Portfolio Short Term Corporate Bond ETF by 6.4% in the first quarter. NBC Securities Inc. now owns 5,723 shares of the company’s stock valued at $171,000 after acquiring an additional 342 shares in the last quarter.
SPDR Portfolio Short Term Corporate Bond ETF Stock Performance
Shares of SPSB stock traded down $0.08 during mid-day trading on Friday, hitting $30.06. 18,668,698 shares of the stock were exchanged, compared to its average volume of 2,250,920. The stock’s fifty day simple moving average is $30.10 and its two-hundred day simple moving average is $29.82. SPDR Portfolio Short Term Corporate Bond ETF has a 12-month low of $29.10 and a 12-month 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.
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