Arkansas Financial Group Inc. Acquires 130,419 Shares of SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO)

Arkansas Financial Group Inc. boosted its position in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) by 39.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 462,865 shares of the company’s stock after purchasing an additional 130,419 shares during the quarter. SPDR Portfolio Corporate Bond ETF makes up 2.1% of Arkansas Financial Group Inc.’s portfolio, making the stock its 12th biggest position. Arkansas Financial Group Inc. owned approximately 0.93% of SPDR Portfolio Corporate Bond ETF worth $13,256,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Sanibel Captiva Trust Company Inc. purchased a new position in shares of SPDR Portfolio Corporate Bond ETF during the third quarter valued at approximately $901,000. Farther Finance Advisors LLC grew its position in SPDR Portfolio Corporate Bond ETF by 14,795.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 14,598 shares of the company’s stock valued at $438,000 after acquiring an additional 14,500 shares during the last quarter. Avior Wealth Management LLC increased its stake in SPDR Portfolio Corporate Bond ETF by 28.0% in the third quarter. Avior Wealth Management LLC now owns 23,617 shares of the company’s stock worth $709,000 after purchasing an additional 5,165 shares during the period. Creative Financial Designs Inc. ADV grew its holdings in shares of SPDR Portfolio Corporate Bond ETF by 638.7% in the third quarter. Creative Financial Designs Inc. ADV now owns 1,012 shares of the company’s stock worth $30,000 after purchasing an additional 875 shares during the last quarter. Finally, Private Trust Co. NA increased its stake in SPDR Portfolio Corporate Bond ETF by 8.1% in the 3rd quarter. Private Trust Co. NA now owns 11,125 shares of the company’s stock worth $334,000 after buying an additional 832 shares during the period.

SPDR Portfolio Corporate Bond ETF Trading Down 0.5 %

Shares of NYSEARCA SPBO opened at $28.63 on Thursday. SPDR Portfolio Corporate Bond ETF has a 52-week low of $28.06 and a 52-week high of $30.26. The stock has a 50 day moving average price of $28.89 and a 200 day moving average price of $29.28.

SPDR Portfolio Corporate Bond ETF 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.