Detalus Advisors LLC trimmed its holdings in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO – Free Report) by 7.9% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 13,159 shares of the company’s stock after selling 1,123 shares during the period. Detalus Advisors LLC’s holdings in SPDR Portfolio Corporate Bond ETF were worth $385,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently made changes to their positions in SPBO. Farther Finance Advisors LLC grew its stake in shares of SPDR Portfolio Corporate Bond ETF by 16.5% during the 1st quarter. Farther Finance Advisors LLC now owns 17,650 shares of the company’s stock valued at $512,000 after acquiring an additional 2,506 shares during the period. Creative Financial Designs Inc. ADV raised its holdings in shares of SPDR Portfolio Corporate Bond ETF by 18.4% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 2,502 shares of the company’s stock worth $73,000 after acquiring an additional 389 shares in the last quarter. Financial Gravity Asset Management Inc. purchased a new stake in SPDR Portfolio Corporate Bond ETF during the 1st quarter valued at $10,170,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in SPDR Portfolio Corporate Bond ETF during the 1st quarter valued at $474,000. Finally, Flow Traders U.S. LLC purchased a new stake in SPDR Portfolio Corporate Bond ETF during the 1st quarter valued at $4,938,000.
SPDR Portfolio Corporate Bond ETF Stock Up 0.2%
Shares of SPDR Portfolio Corporate Bond ETF stock opened at $29.58 on Wednesday. The stock’s fifty day moving average is $29.42 and its two-hundred day moving average is $28.99. SPDR Portfolio Corporate Bond ETF has a 52 week low of $27.84 and a 52 week high of $29.85.
About SPDR Portfolio Corporate Bond ETF
The SPDR Portfolio Corporate Bond ETF (SPBO) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond index. The fund tracks an index of investment-grade US corporate bonds weighted in tiers by market value and issuer fundamentals. SPBO was launched on Apr 6, 2011 and is managed by State Street.
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Want to see what other hedge funds are holding SPBO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO – Free Report).
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