Shares of SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO – Get Free Report) passed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $27.96 and traded as high as $27.98. SPDR Portfolio Corporate Bond ETF shares last traded at $27.97, with a volume of 330,656 shares trading hands.
SPDR Portfolio Corporate Bond ETF Stock Up 0.1%
The stock has a 50 day moving average of $27.94 and a 200 day moving average of $28.76.
Hedge Funds Weigh In On SPDR Portfolio Corporate Bond ETF
Hedge funds and other institutional investors have recently bought and sold shares of the company. Arrien Investments Inc. increased its holdings in shares of SPDR Portfolio Corporate Bond ETF by 4.7% in the first quarter. Arrien Investments Inc. now owns 13,785 shares of the company’s stock worth $400,000 after purchasing an additional 617 shares during the period. Corient Private Wealth LLC raised its position in shares of SPDR Portfolio Corporate Bond ETF by 2.0% in the fourth quarter. Corient Private Wealth LLC now owns 32,467 shares of the company’s stock worth $953,000 after buying an additional 645 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. bought a new stake in SPDR Portfolio Corporate Bond ETF during the third quarter valued at $28,000. Creative Capital Management Investments LLC bought a new stake in SPDR Portfolio Corporate Bond ETF during the third quarter valued at $37,000. Finally, Kestra Advisory Services LLC boosted its stake in SPDR Portfolio Corporate Bond ETF by 6.6% during the first quarter. Kestra Advisory Services LLC now owns 26,142 shares of the company’s stock valued at $759,000 after buying an additional 1,624 shares during the period.
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.
Featured Articles
- Five stocks we like better than SPDR Portfolio Corporate Bond ETF
- Phillips 66 Posts Strong Earnings But the Stock Doesn’t Care
- NXP Semiconductors Falls After Strong Earnings—Is the Sell-Off Overdone?
- GE Vernova’s Reservations Are Turning Into Real Orders—But the Market Still Wants More.
- Where’s the Beef? Trian-Led Buyout Proposal Values Wendy’s at $1.4B, But Is It Enough?
Receive News & Ratings for SPDR Portfolio Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
