Jacobi Capital Management LLC Purchases 27,822 Shares of SPDR Portfolio Corporate Bond ETF $SPBO

Jacobi Capital Management LLC boosted its position in shares of SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) by 19.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 168,721 shares of the company’s stock after acquiring an additional 27,822 shares during the quarter. Jacobi Capital Management LLC owned 0.29% of SPDR Portfolio Corporate Bond ETF worth $4,999,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of SPBO. Ashton Thomas Private Wealth LLC bought a new position in shares of SPDR Portfolio Corporate Bond ETF in the 3rd quarter worth approximately $659,000. Foundations Investment Advisors LLC increased its holdings in SPDR Portfolio Corporate Bond ETF by 83.8% during the second quarter. Foundations Investment Advisors LLC now owns 109,347 shares of the company’s stock valued at $3,195,000 after buying an additional 49,859 shares during the last quarter. Advyzon Investment Management LLC bought a new position in SPDR Portfolio Corporate Bond ETF in the second quarter worth approximately $363,000. Bank of Montreal Can boosted its stake in shares of SPDR Portfolio Corporate Bond ETF by 30.7% during the 2nd quarter. Bank of Montreal Can now owns 7,333 shares of the company’s stock worth $214,000 after acquiring an additional 1,722 shares during the last quarter. Finally, Kingdom Financial Group LLC. boosted its stake in shares of SPDR Portfolio Corporate Bond ETF by 191.0% during the 3rd quarter. Kingdom Financial Group LLC. now owns 51,494 shares of the company’s stock worth $1,526,000 after acquiring an additional 33,801 shares during the last quarter.

SPDR Portfolio Corporate Bond ETF Stock Performance

NYSEARCA:SPBO opened at $29.68 on Wednesday. SPDR Portfolio Corporate Bond ETF has a one year low of $27.84 and a one year high of $29.93. The business has a fifty day moving average price of $29.42 and a 200-day moving average price of $29.48.

SPDR Portfolio Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a $0.123 dividend. The ex-dividend date was Monday, February 2nd. This is a positive change from SPDR Portfolio Corporate Bond ETF’s previous monthly dividend of $0.12. This represents a c) dividend on an annualized basis and a yield of 5.0%.

About SPDR Portfolio Corporate Bond ETF

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.