Parallel Advisors LLC lifted its stake in shares of SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO – Free Report) by 17.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 17,057 shares of the company’s stock after purchasing an additional 2,544 shares during the period. Parallel Advisors LLC’s holdings in SPDR Portfolio Corporate Bond ETF were worth $489,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Creative Financial Designs Inc. ADV grew its position in shares of SPDR Portfolio Corporate Bond ETF by 108.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,113 shares of the company’s stock worth $61,000 after buying an additional 1,101 shares in the last quarter. Private Trust Co. NA grew its position in shares of SPDR Portfolio Corporate Bond ETF by 8.1% during the third quarter. Private Trust Co. NA now owns 11,125 shares of the company’s stock worth $334,000 after buying an additional 832 shares in the last quarter. Farther Finance Advisors LLC grew its position in shares of SPDR Portfolio Corporate Bond ETF by 3.7% during the fourth quarter. Farther Finance Advisors LLC now owns 15,144 shares of the company’s stock worth $434,000 after buying an additional 546 shares in the last quarter. Avior Wealth Management LLC grew its position in shares of SPDR Portfolio Corporate Bond ETF by 28.0% during the third quarter. Avior Wealth Management LLC now owns 23,617 shares of the company’s stock worth $709,000 after buying an additional 5,165 shares in the last quarter. Finally, Arkansas Financial Group Inc. grew its position in shares of SPDR Portfolio Corporate Bond ETF by 39.2% during the fourth quarter. Arkansas Financial Group Inc. now owns 462,865 shares of the company’s stock worth $13,256,000 after buying an additional 130,419 shares in the last quarter.
SPDR Portfolio Corporate Bond ETF Price Performance
Shares of SPDR Portfolio Corporate Bond ETF stock opened at $29.07 on Friday. SPDR Portfolio Corporate Bond ETF has a one year low of $28.06 and a one year high of $30.26. The business has a 50-day simple moving average of $28.84 and a 200-day simple moving average of $29.17.
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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Want to see what other hedge funds are holding SPBO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO – Free Report).
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