Financial Plan Inc. Takes Position in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Financial Plan Inc. purchased a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 140,432 shares of the company’s stock, valued at approximately $4,241,000. SPDR Portfolio Short Term Corporate Bond ETF comprises about 0.5% of Financial Plan Inc.’s investment portfolio, making the stock its 25th biggest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Creative Planning increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 7.5% during the 3rd quarter. Creative Planning now owns 48,756,348 shares of the company’s stock valued at $1,476,830,000 after purchasing an additional 3,401,784 shares during the last quarter. Valmark Advisers Inc. increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 4.1% during the 4th quarter. Valmark Advisers Inc. now owns 8,737,196 shares of the company’s stock valued at $263,863,000 after purchasing an additional 340,112 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 19.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,620,146 shares of the company’s stock valued at $139,944,000 after purchasing an additional 741,369 shares during the last quarter. Allstate Corp increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 99.4% during the 3rd quarter. Allstate Corp now owns 4,375,565 shares of the company’s stock valued at $132,536,000 after purchasing an additional 2,181,050 shares during the last quarter. Finally, Advisory Alpha LLC increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 10.1% during the 3rd quarter. Advisory Alpha LLC now owns 4,235,356 shares of the company’s stock valued at $127,958,000 after purchasing an additional 389,790 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Down 0.1%

NYSEARCA SPSB opened at $30.09 on Wednesday. SPDR Portfolio Short Term Corporate Bond ETF has a 52 week low of $29.92 and a 52 week high of $30.34. The company has a 50-day moving average price of $30.12 and a 200-day moving average price of $30.19.

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.