SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) is Arkansas Financial Group Inc.’s 8th Largest Position

Arkansas Financial Group Inc. raised its position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 8.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 517,845 shares of the company’s stock after purchasing an additional 40,821 shares during the quarter. SPDR Portfolio Short Term Corporate Bond ETF accounts for approximately 3.1% of Arkansas Financial Group Inc.’s portfolio, making the stock its 8th largest position. Arkansas Financial Group Inc. owned about 0.19% of SPDR Portfolio Short Term Corporate Bond ETF worth $15,245,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of SPSB. Bank of New York Mellon Corp acquired a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF during the first quarter worth about $9,242,000. Laurel Wealth Advisors Inc. acquired a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF in the first quarter worth $306,000. Baltimore Washington Financial Advisors Inc. increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 0.3% during the first quarter. Baltimore Washington Financial Advisors Inc. now owns 184,574 shares of the company’s stock worth $5,779,000 after acquiring an additional 539 shares during the period. Nations Financial Group Inc. IA ADV increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 184.5% during the first quarter. Nations Financial Group Inc. IA ADV now owns 166,351 shares of the company’s stock worth $5,012,000 after acquiring an additional 107,870 shares during the period. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF in the first quarter valued at $218,000.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

NYSEARCA SPSB traded down $0.01 during trading hours on Friday, hitting $29.32. 3,386,717 shares of the company were exchanged, compared to its average volume of 3,342,163. The company has a 50 day moving average of $29.38 and a two-hundred day moving average of $29.45. SPDR Portfolio Short Term Corporate Bond ETF has a 52-week low of $28.92 and a 52-week high of $29.73.

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.