Fifth Third Bancorp Makes New Investment in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Fifth Third Bancorp purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,309 shares of the company’s stock, valued at approximately $130,000.

A number of other large investors also recently made changes to their positions in the business. Baird Financial Group Inc. lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 6.0% during the 1st quarter. Baird Financial Group Inc. now owns 4,125,700 shares of the company’s stock worth $124,184,000 after purchasing an additional 233,609 shares during the period. Rockwood Wealth Management LLC lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.5% during the 2nd quarter. Rockwood Wealth Management LLC now owns 2,043,547 shares of the company’s stock worth $61,695,000 after purchasing an additional 69,574 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 12.3% during the 1st quarter. Ameriprise Financial Inc. now owns 1,478,244 shares of the company’s stock worth $44,497,000 after purchasing an additional 162,239 shares during the period. Walker Financial Services Inc. lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 7.1% during the 2nd quarter. Walker Financial Services Inc. now owns 1,328,635 shares of the company’s stock worth $40,111,000 after purchasing an additional 88,018 shares during the period. Finally, Hudson Valley Investment Advisors Inc. ADV lifted its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 4.9% during the 1st quarter. Hudson Valley Investment Advisors Inc. ADV now owns 1,100,339 shares of the company’s stock worth $33,120,000 after purchasing an additional 51,850 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

Shares of SPDR Portfolio Short Term Corporate Bond ETF stock opened at $30.21 on Thursday. The business’s fifty day moving average is $30.20 and its two-hundred day moving average is $30.08. SPDR Portfolio Short Term Corporate Bond ETF has a fifty-two week low of $29.74 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.