Envestnet Asset Management Inc. raised its position in shares of SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO – Free Report) by 8.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 67,542 shares of the company’s stock after acquiring an additional 5,197 shares during the quarter. Envestnet Asset Management Inc.’s holdings in SPDR Portfolio Corporate Bond ETF were worth $1,974,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of the business. Ameriprise Financial Inc. lifted its stake in shares of SPDR Portfolio Corporate Bond ETF by 443.6% in the 1st quarter. Ameriprise Financial Inc. now owns 6,552,185 shares of the company’s stock valued at $190,217,000 after purchasing an additional 5,346,892 shares during the period. Exchange Traded Concepts LLC acquired a new position in SPDR Portfolio Corporate Bond ETF in the second quarter valued at approximately $43,681,000. Flow Traders U.S. LLC acquired a new position in SPDR Portfolio Corporate Bond ETF in the first quarter valued at approximately $4,938,000. Valmark Advisers Inc. boosted its holdings in shares of SPDR Portfolio Corporate Bond ETF by 70.4% during the 2nd quarter. Valmark Advisers Inc. now owns 208,156 shares of the company’s stock worth $6,082,000 after buying an additional 86,009 shares in the last quarter. Finally, OLD Mission Capital LLC acquired a new stake in shares of SPDR Portfolio Corporate Bond ETF during the 1st quarter worth approximately $2,061,000.
SPDR Portfolio Corporate Bond ETF Trading Up 0.1%
NYSEARCA:SPBO opened at $29.37 on Wednesday. SPDR Portfolio Corporate Bond ETF has a twelve month low of $27.84 and a twelve month high of $29.93. The company has a fifty day moving average of $29.63 and a 200-day moving average of $29.19.
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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