United Community Bank Lowers Position in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

United Community Bank cut its stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 14.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,671 shares of the company’s stock after selling 2,695 shares during the quarter. United Community Bank’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $468,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its stake in shares of SPDR Portfolio Short Term Corporate Bond ETF by 7.0% in the third quarter. JPMorgan Chase & Co. now owns 19,112,441 shares of the company’s stock worth $578,725,000 after purchasing an additional 1,253,004 shares during the last quarter. BNP Paribas Financial Markets increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 8,443.1% during the third quarter. BNP Paribas Financial Markets now owns 307,552 shares of the company’s stock valued at $9,313,000 after acquiring an additional 303,952 shares during the last quarter. Captrust Financial Advisors increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 11.9% during the third quarter. Captrust Financial Advisors now owns 41,293 shares of the company’s stock valued at $1,250,000 after acquiring an additional 4,401 shares during the last quarter. BIP Wealth LLC increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 9.5% during the third quarter. BIP Wealth LLC now owns 543,299 shares of the company’s stock valued at $16,451,000 after acquiring an additional 46,944 shares during the last quarter. Finally, STAR Financial Bank purchased a new stake in shares of SPDR Portfolio Short Term Corporate Bond ETF during the third quarter valued at approximately $1,460,000.

SPDR Portfolio Short Term Corporate Bond ETF Stock Down 0.0 %

Shares of SPSB opened at $29.98 on Friday. The stock has a 50 day moving average of $29.93 and a 200 day moving average of $30.00. SPDR Portfolio Short Term Corporate Bond ETF has a 12 month low of $29.46 and a 12 month high of $30.31.

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.