Pacific Park Financial Inc. Makes New $703,000 Investment in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Pacific Park Financial Inc. acquired a new position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 23,290 shares of the company’s stock, valued at approximately $703,000.

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

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

SPSB stock opened at $30.06 on Thursday. SPDR Portfolio Short Term Corporate Bond ETF has a 12 month low of $29.92 and a 12 month high of $30.34. The company’s 50-day moving average price is $30.10 and its two-hundred day moving average price is $30.19.

About SPDR Portfolio Short Term Corporate Bond ETF

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.