ST Germain D J Co. Inc. cut its holdings in shares of SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO – Free Report) by 2.1% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,251,943 shares of the company’s stock after selling 48,523 shares during the period. SPDR Portfolio Corporate Bond ETF accounts for 2.7% of ST Germain D J Co. Inc.’s holdings, making the stock its 6th biggest holding. ST Germain D J Co. Inc. owned about 3.66% of SPDR Portfolio Corporate Bond ETF worth $66,725,000 as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of SPBO. Creative Financial Designs Inc. ADV lifted its holdings in SPDR Portfolio Corporate Bond ETF by 17.3% during the second quarter. Creative Financial Designs Inc. ADV now owns 2,934 shares of the company’s stock worth $86,000 after buying an additional 432 shares during the period. Allworth Financial LP bought a new position in shares of SPDR Portfolio Corporate Bond ETF in the 2nd quarter worth $103,000. Truist Financial Corp purchased a new stake in shares of SPDR Portfolio Corporate Bond ETF during the 2nd quarter worth $201,000. Bank of Montreal Can boosted its position in SPDR Portfolio Corporate Bond ETF by 30.7% during the second quarter. Bank of Montreal Can now owns 7,333 shares of the company’s stock valued at $214,000 after purchasing an additional 1,722 shares in the last quarter. Finally, Caldwell Trust Co purchased a new position in SPDR Portfolio Corporate Bond ETF in the second quarter valued at about $272,000.
SPDR Portfolio Corporate Bond ETF Trading Up 0.2%
Shares of SPDR Portfolio Corporate Bond ETF stock opened at $29.41 on Wednesday. The company has a 50-day simple moving average of $29.57 and a two-hundred day simple moving average of $29.32. SPDR Portfolio Corporate Bond ETF has a one year low of $27.84 and a one year high of $29.93.
SPDR Portfolio Corporate Bond ETF Company Profile
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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