Migdal Insurance & Financial Holdings Ltd. Grows Stock Holdings in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB)

Migdal Insurance & Financial Holdings Ltd. raised its position in shares of SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 14.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 21,119 shares of the company’s stock after buying an additional 2,590 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $631,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Coston McIsaac & Partners purchased a new position in shares of SPDR Portfolio Short Term Corporate Bond ETF during the third quarter worth $25,000. Kennebec Savings Bank purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF in the third quarter valued at $48,000. Crews Bank & Trust purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF in the fourth quarter valued at $81,000. Princeton Global Asset Management LLC purchased a new position in SPDR Portfolio Short Term Corporate Bond ETF in the third quarter valued at $102,000. Finally, Westside Investment Management Inc. boosted its holdings in SPDR Portfolio Short Term Corporate Bond ETF by 10.1% in the third quarter. Westside Investment Management Inc. now owns 3,800 shares of the company’s stock valued at $115,000 after purchasing an additional 350 shares during the period.

SPDR Portfolio Short Term Corporate Bond ETF Trading Down 0.1 %

NYSEARCA:SPSB opened at $29.88 on Friday. The stock has a fifty day moving average price of $29.90 and a 200 day moving average price 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.