SPDR Portfolio Corporate Bond ETF $SPBO Position Trimmed by Private Trust Co. NA

Private Trust Co. NA decreased its holdings in shares of SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) by 27.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,950 shares of the company’s stock after selling 3,386 shares during the period. Private Trust Co. NA’s holdings in SPDR Portfolio Corporate Bond ETF were worth $262,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Creative Financial Designs Inc. ADV increased its stake in SPDR Portfolio Corporate Bond ETF by 18.4% during the first quarter. Creative Financial Designs Inc. ADV now owns 2,502 shares of the company’s stock valued at $73,000 after purchasing an additional 389 shares during the last quarter. Melone Private Wealth LLC increased its stake in SPDR Portfolio Corporate Bond ETF by 1.0% during the second quarter. Melone Private Wealth LLC now owns 179,257 shares of the company’s stock valued at $5,215,000 after purchasing an additional 1,697 shares during the last quarter. Truist Financial Corp bought a new stake in SPDR Portfolio Corporate Bond ETF during the second quarter valued at $201,000. Sovran Advisors LLC bought a new stake in SPDR Portfolio Corporate Bond ETF during the second quarter valued at $290,000. Finally, MJT & Associates Financial Advisory Group Inc. bought a new stake in SPDR Portfolio Corporate Bond ETF during the first quarter valued at $474,000.

SPDR Portfolio Corporate Bond ETF Price Performance

Shares of SPBO opened at $29.84 on Tuesday. SPDR Portfolio Corporate Bond ETF has a 1 year low of $27.84 and a 1 year high of $29.85. The firm has a fifty day moving average of $29.51 and a 200-day moving average of $29.03.

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.