SPDR Portfolio Corporate Bond ETF $SPBO Shares Sold by RWA Wealth Partners LLC

RWA Wealth Partners LLC lessened its holdings in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) by 17.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,160,190 shares of the company’s stock after selling 239,448 shares during the period. RWA Wealth Partners LLC owned about 2.00% of SPDR Portfolio Corporate Bond ETF worth $34,376,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its holdings in SPDR Portfolio Corporate Bond ETF by 8.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 67,542 shares of the company’s stock valued at $1,974,000 after purchasing an additional 5,197 shares in the last quarter. Flagship Harbor Advisors LLC lifted its stake in shares of SPDR Portfolio Corporate Bond ETF by 29.3% during the second quarter. Flagship Harbor Advisors LLC now owns 339,046 shares of the company’s stock worth $9,907,000 after purchasing an additional 76,740 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its position in shares of SPDR Portfolio Corporate Bond ETF by 17.3% in the second quarter. Creative Financial Designs Inc. ADV now owns 2,934 shares of the company’s stock worth $86,000 after buying an additional 432 shares during the period. Bank of Montreal Can grew its stake in shares of SPDR Portfolio Corporate Bond ETF by 30.7% in the second quarter. Bank of Montreal Can now owns 7,333 shares of the company’s stock valued at $214,000 after buying an additional 1,722 shares in the last quarter. Finally, AE Wealth Management LLC grew its stake in shares of SPDR Portfolio Corporate Bond ETF by 5.4% in the second quarter. AE Wealth Management LLC now owns 1,604,981 shares of the company’s stock valued at $46,898,000 after buying an additional 81,588 shares in the last quarter.

SPDR Portfolio Corporate Bond ETF Price Performance

SPDR Portfolio Corporate Bond ETF stock opened at $29.68 on Wednesday. SPDR Portfolio Corporate Bond ETF has a one year low of $27.84 and a one year high of $29.93. The stock’s 50 day moving average price is $29.45 and its 200 day moving average price is $29.50.

SPDR Portfolio Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a $0.123 dividend. This represents a c) annualized dividend and a dividend yield of 5.0%. This is a boost from SPDR Portfolio Corporate Bond ETF’s previous monthly dividend of $0.12. The ex-dividend date was Monday, February 2nd.

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.