SPDR Portfolio Short Term Corporate Bond ETF $SPSB Stock Purchased by Pinnacle Bancorp Inc.

Pinnacle Bancorp Inc. boosted its holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 61.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 62,759 shares of the company’s stock after acquiring an additional 23,788 shares during the period. Pinnacle Bancorp Inc.’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $1,857,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SPSB. First County Bank CT grew its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.4% during the second quarter. First County Bank CT now owns 12,105 shares of the company’s stock valued at $363,000 after purchasing an additional 395 shares during the last quarter. Rinkey Investments raised its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 5.7% during the 2nd quarter. Rinkey Investments now owns 9,456 shares of the company’s stock worth $284,000 after purchasing an additional 512 shares during the period. Penobscot Investment Management Company Inc. raised its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 1.0% during the 1st quarter. Penobscot Investment Management Company Inc. now owns 52,010 shares of the company’s stock worth $1,564,000 after purchasing an additional 520 shares during the period. Mustard Seed Financial LLC lifted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.3% in the 1st quarter. Mustard Seed Financial LLC now owns 17,548 shares of the company’s stock worth $528,000 after purchasing an additional 568 shares during the last quarter. Finally, GK Wealth Management LLC lifted its holdings in shares of SPDR Portfolio Short Term Corporate Bond ETF by 3.1% in the 3rd quarter. GK Wealth Management LLC now owns 19,559 shares of the company’s stock worth $579,000 after purchasing an additional 591 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Price Performance

Shares of NYSEARCA SPSB opened at $29.62 on Thursday. SPDR Portfolio Short Term Corporate Bond ETF has a 12-month low of $29.45 and a 12-month high of $30.34. The stock’s 50 day simple moving average is $29.73 and its 200 day simple moving average is $29.89.

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.