Pinnacle Bancorp Inc. Buys 4,055 Shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

Pinnacle Bancorp Inc. increased its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 22.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 22,169 shares of the company’s stock after purchasing an additional 4,055 shares during the quarter. Pinnacle Bancorp Inc.’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $660,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of SPSB. Tidemark LLC bought a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the 4th quarter valued at approximately $25,000. WestEnd Advisors LLC boosted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 104.3% during the 4th quarter. WestEnd Advisors LLC now owns 954 shares of the company’s stock valued at $28,000 after acquiring an additional 487 shares during the period. Ancora Advisors LLC purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF during the 3rd quarter valued at $32,000. Cullen Frost Bankers Inc. boosted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 1,628.6% during the 4th quarter. Cullen Frost Bankers Inc. now owns 1,210 shares of the company’s stock valued at $36,000 after acquiring an additional 1,140 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 463.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,917 shares of the company’s stock valued at $57,000 after acquiring an additional 1,577 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

SPSB remained flat at $29.70 during trading hours on Friday. The company had a trading volume of 6,894,257 shares, compared to its average volume of 2,309,030. The company’s 50-day moving average price is $29.64 and its 200-day moving average price is $29.69. SPDR Portfolio Short Term Corporate Bond ETF has a one year low of $29.10 and a one year high of $29.94.

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.