Sterling Manor Financial LLC acquired a new stake in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO – Free Report) during the third quarter, HoldingsChannel.com reports. The fund acquired 760,411 shares of the company’s stock, valued at approximately $20,904,000. SPDR Portfolio Corporate Bond ETF accounts for about 12.0% of Sterling Manor Financial LLC’s holdings, making the stock its largest position.
Other large investors also recently modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. bought a new position in SPDR Portfolio Corporate Bond ETF during the third quarter worth $28,000. SHP Wealth Management acquired a new position in SPDR Portfolio Corporate Bond ETF in the fourth quarter valued at $38,000. Creative Capital Management Investments LLC acquired a new position in SPDR Portfolio Corporate Bond ETF in the first quarter valued at $39,000. Cherry Tree Wealth Management LLC bought a new stake in SPDR Portfolio Corporate Bond ETF during the third quarter valued at $47,000. Finally, Eastern Bank bought a new stake in SPDR Portfolio Corporate Bond ETF during the third quarter valued at $49,000.
SPDR Portfolio Corporate Bond ETF Stock Performance
SPDR Portfolio Corporate Bond ETF stock traded up $0.01 during trading hours on Wednesday, reaching $27.75. 137,532 shares of the company’s stock were exchanged, compared to its average volume of 635,790. The firm’s 50 day simple moving average is $28.01 and its 200 day simple moving average is $28.58. 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 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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