ST Germain D J Co. Inc. Decreases Stock Holdings in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO)

ST Germain D J Co. Inc. trimmed its stake in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) by 2.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,419,567 shares of the company’s stock after selling 54,111 shares during the period. SPDR Portfolio Corporate Bond ETF accounts for approximately 3.1% of ST Germain D J Co. Inc.’s holdings, making the stock its 4th largest position. ST Germain D J Co. Inc. owned about 4.88% of SPDR Portfolio Corporate Bond ETF worth $69,296,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of SPBO. Arkansas Financial Group Inc. grew its holdings in shares of SPDR Portfolio Corporate Bond ETF by 23.6% in the third quarter. Arkansas Financial Group Inc. now owns 332,446 shares of the company’s stock valued at $9,983,000 after purchasing an additional 63,452 shares in the last quarter. Sanibel Captiva Trust Company Inc. bought a new position in SPDR Portfolio Corporate Bond ETF during the third quarter valued at $901,000. Avior Wealth Management LLC grew its stake in shares of SPDR Portfolio Corporate Bond ETF by 28.0% in the 3rd 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. Farther Finance Advisors LLC increased its holdings in shares of SPDR Portfolio Corporate Bond ETF by 14,795.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 14,598 shares of the company’s stock worth $438,000 after buying an additional 14,500 shares during the last quarter. Finally, Private Trust Co. NA raised its position in shares of SPDR Portfolio Corporate Bond ETF by 8.1% during the 3rd quarter. Private Trust Co. NA now owns 11,125 shares of the company’s stock valued at $334,000 after buying an additional 832 shares in the last quarter.

SPDR Portfolio Corporate Bond ETF Stock Down 0.4 %

NYSEARCA SPBO traded down $0.12 on Friday, hitting $28.35. 654,736 shares of the stock were exchanged, compared to its average volume of 787,263. The stock has a fifty day moving average price of $28.99 and a two-hundred day moving average price of $29.29. SPDR Portfolio Corporate Bond ETF has a 52-week low of $28.06 and a 52-week high of $30.26.

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.