Quadrant Private Wealth Management LLC Sells 6,107 Shares of SPDR Portfolio Corporate Bond ETF $SPBO

Quadrant Private Wealth Management LLC reduced its position in shares of SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) by 14.3% in the second quarter, Holdings Channel reports. The firm owned 36,656 shares of the company’s stock after selling 6,107 shares during the period. Quadrant Private Wealth Management LLC’s holdings in SPDR Portfolio Corporate Bond ETF were worth $1,071,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. MJT & Associates Financial Advisory Group Inc. bought a new stake in SPDR Portfolio Corporate Bond ETF during the first quarter valued at $474,000. Flow Traders U.S. LLC purchased a new stake in shares of SPDR Portfolio Corporate Bond ETF in the 1st quarter valued at about $4,938,000. Ameriprise Financial Inc. raised its holdings in shares of SPDR Portfolio Corporate Bond ETF by 443.6% in the 1st quarter. Ameriprise Financial Inc. now owns 6,552,185 shares of the company’s stock valued at $190,217,000 after acquiring an additional 5,346,892 shares in the last quarter. OLD Mission Capital LLC bought a new stake in shares of SPDR Portfolio Corporate Bond ETF during the 1st quarter valued at about $2,061,000. Finally, Melone Private Wealth LLC boosted its position in shares of SPDR Portfolio Corporate Bond ETF by 1.0% during the 2nd quarter. Melone Private Wealth LLC now owns 179,257 shares of the company’s stock valued at $5,215,000 after acquiring an additional 1,697 shares during the last quarter.

SPDR Portfolio Corporate Bond ETF Stock Performance

SPBO stock opened at $29.44 on Friday. The company’s 50 day moving average is $29.62 and its 200 day moving average is $29.15. SPDR Portfolio Corporate Bond ETF has a 1-year low of $27.84 and a 1-year high of $29.93.

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.