Betterment LLC Sells 928 Shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

Betterment LLC decreased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 1.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,555 shares of the company’s stock after selling 928 shares during the quarter. Betterment LLC’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $1,868,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPSB. JPMorgan Chase & Co. raised its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 96.6% in the 4th quarter. JPMorgan Chase & Co. now owns 37,579,708 shares of the company’s stock valued at $1,122,130,000 after purchasing an additional 18,467,267 shares in the last quarter. Arkansas Financial Group Inc. raised its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 11.6% in the 4th quarter. Arkansas Financial Group Inc. now owns 1,097,638 shares of the company’s stock valued at $32,775,000 after purchasing an additional 113,919 shares in the last quarter. Allstate Corp raised its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 26.1% in the 4th quarter. Allstate Corp now owns 1,064,375 shares of the company’s stock valued at $31,782,000 after purchasing an additional 220,335 shares in the last quarter. Hudson Valley Investment Advisors Inc. ADV raised its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.1% in the 4th quarter. Hudson Valley Investment Advisors Inc. ADV now owns 1,048,489 shares of the company’s stock valued at $31,308,000 after purchasing an additional 31,537 shares in the last quarter. Finally, M Holdings Securities Inc. raised its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 4.0% in the 4th quarter. M Holdings Securities Inc. now owns 484,590 shares of the company’s stock valued at $14,470,000 after purchasing an additional 18,543 shares in the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Trading Up 0.1 %

NYSEARCA SPSB opened at $30.06 on Monday. SPDR Portfolio Short Term Corporate Bond ETF has a 52 week low of $29.46 and a 52 week high of $30.31. The company has a 50 day moving average price of $29.98 and a 200 day moving average price of $29.95.

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.