Farther Finance Advisors LLC Raises Stock Holdings in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO)

Farther Finance Advisors LLC grew its position in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) by 3.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 15,144 shares of the company’s stock after buying an additional 546 shares during the quarter. Farther Finance Advisors LLC’s holdings in SPDR Portfolio Corporate Bond ETF were worth $434,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Private Trust Co. NA lifted its position in shares of SPDR Portfolio Corporate Bond ETF by 8.1% in the third quarter. Private Trust Co. NA now owns 11,125 shares of the company’s stock valued at $334,000 after acquiring an additional 832 shares in the last quarter. Avior Wealth Management LLC lifted its position in shares of 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 valued at $709,000 after acquiring an additional 5,165 shares in the last quarter. Finally, Arkansas Financial Group Inc. lifted its position in shares of SPDR Portfolio Corporate Bond ETF by 39.2% in the fourth quarter. Arkansas Financial Group Inc. now owns 462,865 shares of the company’s stock valued at $13,256,000 after acquiring an additional 130,419 shares in the last quarter.

SPDR Portfolio Corporate Bond ETF Stock Performance

NYSEARCA SPBO opened at $28.85 on Monday. The stock’s 50 day simple moving average is $28.80 and its 200-day simple moving average is $29.18. SPDR Portfolio Corporate Bond ETF has a 1-year low of $28.06 and a 1-year high of $30.26.

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.