ST Germain D J Co. Inc. decreased its stake in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO – Free Report) by 2.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,419,567 shares of the company’s stock after selling 54,111 shares during the quarter. SPDR Portfolio Corporate Bond ETF makes up 3.1% of ST Germain D J Co. Inc.’s holdings, making the stock its 4th biggest position. ST Germain D J Co. Inc.’s holdings in SPDR Portfolio Corporate Bond ETF were worth $69,296,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also modified their holdings of the company. Arkansas Financial Group Inc. lifted its stake in shares of SPDR Portfolio Corporate Bond ETF by 23.6% in the third quarter. Arkansas Financial Group Inc. now owns 332,446 shares of the company’s stock worth $9,983,000 after buying an additional 63,452 shares in the last quarter. Sanibel Captiva Trust Company Inc. acquired a new position in shares of SPDR Portfolio Corporate Bond ETF during the 3rd quarter worth approximately $901,000. Farther Finance Advisors LLC grew its position in shares of SPDR Portfolio Corporate Bond ETF by 14,795.9% in the third quarter. Farther Finance Advisors LLC now owns 14,598 shares of the company’s stock valued at $438,000 after purchasing an additional 14,500 shares in the last quarter. Parallel Advisors LLC acquired a new stake in shares of SPDR Portfolio Corporate Bond ETF in the second quarter valued at approximately $273,000. Finally, Avior Wealth Management LLC lifted its position in SPDR Portfolio Corporate Bond ETF by 28.0% during the third quarter. Avior Wealth Management LLC now owns 23,617 shares of the company’s stock worth $709,000 after buying an additional 5,165 shares in the last quarter.
SPDR Portfolio Corporate Bond ETF Stock Down 0.4 %
Shares of NYSEARCA SPBO traded down $0.12 during trading on Friday, hitting $28.35. 654,736 shares of the company were exchanged, compared to its average volume of 787,263. The company has a fifty day moving average price of $28.99 and a 200-day moving average price of $29.29. SPDR Portfolio Corporate Bond ETF has a 12-month low of $28.06 and a 12-month high of $30.26.
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.
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