Procyon Advisors LLC grew its holdings in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO – Free Report) by 16.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,740,756 shares of the company’s stock after purchasing an additional 247,084 shares during the period. SPDR Portfolio Corporate Bond ETF comprises approximately 0.8% of Procyon Advisors LLC’s holdings, making the stock its 6th largest holding. Procyon Advisors LLC owned approximately 2.55% of SPDR Portfolio Corporate Bond ETF worth $50,534,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in SPBO. North Dakota State Investment Board purchased a new stake in shares of SPDR Portfolio Corporate Bond ETF during the fourth quarter valued at $31,953,000. Ameriprise Financial Inc. lifted its holdings in SPDR Portfolio Corporate Bond ETF by 15.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 7,339,315 shares of the company’s stock valued at $217,450,000 after buying an additional 988,964 shares in the last quarter. Tradewinds Capital Management LLC lifted its holdings in SPDR Portfolio Corporate Bond ETF by 491.0% during the 4th quarter. Tradewinds Capital Management LLC now owns 755,118 shares of the company’s stock valued at $22,155,000 after buying an additional 627,359 shares in the last quarter. Asset Management One Co. Ltd. purchased a new stake in SPDR Portfolio Corporate Bond ETF in the 4th quarter valued at about $10,376,000. Finally, AE Wealth Management LLC boosted its position in SPDR Portfolio Corporate Bond ETF by 13.7% in the 4th quarter. AE Wealth Management LLC now owns 1,974,900 shares of the company’s stock valued at $57,944,000 after buying an additional 237,241 shares during the period.
SPDR Portfolio Corporate Bond ETF Stock Performance
Shares of SPBO stock opened at $28.70 on Monday. The company’s 50-day simple moving average is $28.94 and its two-hundred day simple moving average is $29.17. SPDR Portfolio Corporate Bond ETF has a one year low of $28.57 and a one year high of $29.93.
About SPDR Portfolio Corporate Bond ETF
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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