SPDR Portfolio Corporate Bond ETF $SPBO is ST Germain D J Co. Inc.’s 6th Largest Position

ST Germain D J Co. Inc. trimmed its holdings in shares of SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) by 2.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,251,943 shares of the company’s stock after selling 48,523 shares during the quarter. SPDR Portfolio Corporate Bond ETF comprises approximately 2.7% of ST Germain D J Co. Inc.’s holdings, making the stock its 6th largest holding. ST Germain D J Co. Inc.’s holdings in SPDR Portfolio Corporate Bond ETF were worth $66,725,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the business. Summit Financial Wealth Advisors LLC boosted its stake in shares of SPDR Portfolio Corporate Bond ETF by 15.3% in the third quarter. Summit Financial Wealth Advisors LLC now owns 916,928 shares of the company’s stock worth $27,141,000 after buying an additional 121,857 shares during the last quarter. National Wealth Management Group LLC boosted its position in SPDR Portfolio Corporate Bond ETF by 2.5% in the 2nd quarter. National Wealth Management Group LLC now owns 26,551 shares of the company’s stock worth $776,000 after purchasing an additional 644 shares in the last quarter. Caldwell Trust Co acquired a new stake in shares of SPDR Portfolio Corporate Bond ETF during the 2nd quarter worth approximately $272,000. NWF Advisory Services Inc. acquired a new stake in shares of SPDR Portfolio Corporate Bond ETF during the 2nd quarter worth approximately $403,000. Finally, Osaic Holdings Inc. increased its holdings in shares of SPDR Portfolio Corporate Bond ETF by 160.3% during the 2nd quarter. Osaic Holdings Inc. now owns 183,416 shares of the company’s stock valued at $5,345,000 after purchasing an additional 112,940 shares in the last quarter.

SPDR Portfolio Corporate Bond ETF Price Performance

Shares of NYSEARCA SPBO opened at $29.41 on Wednesday. The company’s fifty day moving average price is $29.57 and its 200 day moving average price is $29.32. SPDR Portfolio Corporate Bond ETF has a 1 year low of $27.84 and a 1 year high of $29.93.

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.