RWA Wealth Partners LLC Decreases Stock Holdings in SPDR Portfolio Corporate Bond ETF $SPBO

RWA Wealth Partners LLC trimmed its stake in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) by 81.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,399,638 shares of the company’s stock after selling 6,202,147 shares during the quarter. RWA Wealth Partners LLC owned approximately 2.43% of SPDR Portfolio Corporate Bond ETF worth $40,897,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. OLD Mission Capital LLC bought a new position in SPDR Portfolio Corporate Bond ETF during the first quarter valued at $2,061,000. Sovran Advisors LLC bought a new position in shares of SPDR Portfolio Corporate Bond ETF during the 2nd quarter worth $290,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in SPDR Portfolio Corporate Bond ETF during the first quarter valued at about $474,000. CWM LLC boosted its position in SPDR Portfolio Corporate Bond ETF by 8.8% during the second quarter. CWM LLC now owns 294,861 shares of the company’s stock worth $8,616,000 after purchasing an additional 23,830 shares during the period. Finally, ShoreHaven Wealth Partners LLC raised its position in shares of SPDR Portfolio Corporate Bond ETF by 2.0% in the second quarter. ShoreHaven Wealth Partners LLC now owns 45,694 shares of the company’s stock valued at $1,335,000 after purchasing an additional 912 shares during the period.

SPDR Portfolio Corporate Bond ETF Stock Performance

Shares of SPBO stock opened at $29.44 on Friday. The firm’s 50 day moving average is $29.62 and its 200 day moving average is $29.15. SPDR Portfolio Corporate Bond ETF has a 12 month low of $27.84 and a 12 month 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.