Jefferies Financial Group Inc. Has $767,000 Stock Position in SPDR Portfolio Corporate Bond ETF $SPBO

Jefferies Financial Group Inc. reduced its holdings in shares of SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) by 83.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,875 shares of the company’s stock after selling 133,940 shares during the quarter. Jefferies Financial Group Inc.’s holdings in SPDR Portfolio Corporate Bond ETF were worth $767,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Exchange Traded Concepts LLC boosted its holdings in SPDR Portfolio Corporate Bond ETF by 58.0% during the third quarter. Exchange Traded Concepts LLC now owns 2,361,743 shares of the company’s stock worth $69,978,000 after purchasing an additional 866,827 shares during the last quarter. Financial Gravity Companies Inc. acquired a new stake in SPDR Portfolio Corporate Bond ETF in the 2nd quarter valued at $10,956,000. Thrivent Financial for Lutherans bought a new stake in SPDR Portfolio Corporate Bond ETF during the 3rd quarter worth about $8,605,000. Arkansas Financial Group Inc. lifted its position in SPDR Portfolio Corporate Bond ETF by 29.4% during the 3rd quarter. Arkansas Financial Group Inc. now owns 713,518 shares of the company’s stock worth $21,127,000 after buying an additional 162,250 shares in the last quarter. Finally, AE Wealth Management LLC boosted its stake in shares of SPDR Portfolio Corporate Bond ETF by 8.3% during the 3rd quarter. AE Wealth Management LLC now owns 1,737,659 shares of the company’s stock worth $51,487,000 after buying an additional 132,678 shares during the last quarter.

SPDR Portfolio Corporate Bond ETF Stock Performance

SPDR Portfolio Corporate Bond ETF stock opened at $28.93 on Friday. The firm has a 50-day moving average of $29.46 and a 200-day moving average of $29.51. SPDR Portfolio Corporate Bond ETF has a one year low of $27.84 and a one year high of $29.93.

SPDR Portfolio Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.1225 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 5.1%.

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.