Arkansas Financial Group Inc. Purchases 90,654 Shares of SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Arkansas Financial Group Inc. lifted its position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 7.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,355,085 shares of the company’s stock after acquiring an additional 90,654 shares during the quarter. SPDR Portfolio Short Term Corporate Bond ETF makes up approximately 5.9% of Arkansas Financial Group Inc.’s portfolio, making the stock its 5th biggest position. Arkansas Financial Group Inc. owned 0.48% of SPDR Portfolio Short Term Corporate Bond ETF worth $40,924,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of SPSB. Westfuller Advisors LLC acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the third quarter worth $27,000. Bessemer Group Inc. acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the third quarter worth $30,000. Smartleaf Asset Management LLC lifted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 2,862.9% during the third quarter. Smartleaf Asset Management LLC now owns 1,037 shares of the company’s stock worth $31,000 after purchasing an additional 1,002 shares during the period. AlphaCore Capital LLC acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 3rd quarter worth approximately $37,000. Finally, Root Financial Partners LLC acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the 3rd quarter worth approximately $71,000.

SPDR Portfolio Short Term Corporate Bond ETF Stock Performance

Shares of NYSEARCA SPSB opened at $30.08 on Friday. 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’s 50 day moving average price is $30.12 and its 200-day moving average price is $30.19.

SPDR Portfolio Short Term Corporate Bond ETF 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.