Optas LLC trimmed its holdings in shares of SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO – Free Report) by 5.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 57,002 shares of the company’s stock after selling 3,181 shares during the period. Optas LLC’s holdings in SPDR Portfolio Corporate Bond ETF were worth $1,666,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of SPBO. Ameriprise Financial Inc. increased its holdings in shares of SPDR Portfolio Corporate Bond ETF by 443.6% during the first quarter. Ameriprise Financial Inc. now owns 6,552,185 shares of the company’s stock valued at $190,217,000 after purchasing an additional 5,346,892 shares during the period. Exchange Traded Concepts LLC acquired a new position in shares of SPDR Portfolio Corporate Bond ETF during the second quarter valued at $43,681,000. Financial Gravity Asset Management Inc. acquired a new position in shares of SPDR Portfolio Corporate Bond ETF during the first quarter valued at $10,170,000. Flow Traders U.S. LLC bought a new stake in SPDR Portfolio Corporate Bond ETF in the first quarter worth about $4,938,000. Finally, Valmark Advisers Inc. raised its position in SPDR Portfolio Corporate Bond ETF by 70.4% in the second quarter. Valmark Advisers Inc. now owns 208,156 shares of the company’s stock worth $6,082,000 after acquiring an additional 86,009 shares in the last quarter.
SPDR Portfolio Corporate Bond ETF Trading Down 0.1%
Shares of SPDR Portfolio Corporate Bond ETF stock opened at $29.56 on Thursday. The company’s 50-day moving average price is $29.43 and its two-hundred day moving average price is $28.99. SPDR Portfolio Corporate Bond ETF has a 52 week low of $27.84 and a 52 week high of $29.85.
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.
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