Breakwater Capital Group Sells 72,030 Shares of SPDR Portfolio Corporate Bond ETF $SPBO

Breakwater Capital Group decreased its stake in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) by 33.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 140,249 shares of the company’s stock after selling 72,030 shares during the quarter. Breakwater Capital Group’s holdings in SPDR Portfolio Corporate Bond ETF were worth $4,073,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Arkansas Financial Group Inc. grew its stake in shares of SPDR Portfolio Corporate Bond ETF by 12.6% during the 4th quarter. Arkansas Financial Group Inc. now owns 820,153 shares of the company’s stock valued at $24,063,000 after acquiring an additional 91,532 shares during the period. Mach 1 Financial Group LLC purchased a new stake in SPDR Portfolio Corporate Bond ETF in the 4th quarter worth approximately $1,166,000. Flaharty Asset Management LLC raised its stake in SPDR Portfolio Corporate Bond ETF by 4.0% during the 4th quarter. Flaharty Asset Management LLC now owns 736,686 shares of the company’s stock worth $21,614,000 after acquiring an additional 28,192 shares during the period. Summit Financial Wealth Advisors LLC raised its stake in SPDR Portfolio Corporate Bond ETF by 12.1% during the 4th quarter. Summit Financial Wealth Advisors LLC now owns 1,027,716 shares of the company’s stock worth $30,153,000 after acquiring an additional 110,788 shares during the period. Finally, Valmark Advisers Inc. lifted its holdings in SPDR Portfolio Corporate Bond ETF by 75.1% during the fourth quarter. Valmark Advisers Inc. now owns 358,456 shares of the company’s stock valued at $10,517,000 after purchasing an additional 153,695 shares in the last quarter.

SPDR Portfolio Corporate Bond ETF Stock Up 0.1%

Shares of NYSEARCA:SPBO opened at $28.51 on Friday. SPDR Portfolio Corporate Bond ETF has a 1-year low of $28.37 and a 1-year high of $29.93. The firm’s 50 day simple moving average is $28.79 and its two-hundred day simple moving average is $29.05.

SPDR Portfolio Corporate Bond ETF 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.