Breakwater Capital Group Makes New $1.47 Million Investment in SPDR Portfolio Corporate Bond ETF $SPBO

Breakwater Capital Group acquired a new stake in shares of SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 53,431 shares of the company’s stock, valued at approximately $1,469,000. Breakwater Capital Group owned 0.07% of SPDR Portfolio Corporate Bond ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPBO. Assetmark Inc. lifted its position in SPDR Portfolio Corporate Bond ETF by 47.0% during the 1st quarter. Assetmark Inc. now owns 2,170,235 shares of the company’s stock valued at $63,002,000 after acquiring an additional 694,327 shares during the period. Procyon Advisors LLC increased its stake in shares of SPDR Portfolio Corporate Bond ETF by 16.5% during the first quarter. Procyon Advisors LLC now owns 1,740,756 shares of the company’s stock valued at $50,534,000 after purchasing an additional 247,084 shares in the last quarter. Summit Financial Wealth Advisors LLC lifted its holdings in shares of SPDR Portfolio Corporate Bond ETF by 9.6% during the first quarter. Summit Financial Wealth Advisors LLC now owns 1,126,788 shares of the company’s stock valued at $32,711,000 after purchasing an additional 99,072 shares during the last quarter. Royal Bank of Canada boosted its position in shares of SPDR Portfolio Corporate Bond ETF by 29.8% in the 1st quarter. Royal Bank of Canada now owns 340,386 shares of the company’s stock worth $9,881,000 after purchasing an additional 78,224 shares in the last quarter. Finally, Hobart Private Capital LLC purchased a new stake in shares of SPDR Portfolio Corporate Bond ETF in the 2nd quarter worth approximately $8,935,000.

SPDR Portfolio Corporate Bond ETF Stock Up 0.3%

SPBO stock opened at $27.56 on Friday. The business has a 50 day moving average of $28.14 and a 200 day moving average of $28.65. SPDR Portfolio Corporate Bond ETF has a twelve month low of $27.25 and a twelve month 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.