North Dakota State Investment Board Acquires New Holdings in SPDR Portfolio Corporate Bond ETF $SPBO

North Dakota State Investment Board bought a new stake in shares of SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 311,928 shares of the company’s stock, valued at approximately $8,575,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of SPDR Portfolio Corporate Bond ETF in the third quarter valued at $28,000. Cherry Tree Wealth Management LLC bought a new stake in SPDR Portfolio Corporate Bond ETF in the third quarter worth $47,000. Eastern Bank bought a new stake in SPDR Portfolio Corporate Bond ETF in the third quarter worth $49,000. Root Financial Partners LLC bought a new stake in SPDR Portfolio Corporate Bond ETF in the first quarter worth $63,000. Finally, Triumph Capital Management purchased a new stake in SPDR Portfolio Corporate Bond ETF during the third quarter valued at $62,000.

SPDR Portfolio Corporate Bond ETF Stock Down 0.2%

SPDR Portfolio Corporate Bond ETF stock opened at $27.92 on Thursday. SPDR Portfolio Corporate Bond ETF has a 52-week low of $27.25 and a 52-week high of $29.92. The firm’s fifty day moving average is $27.95 and its 200 day moving average is $28.76.

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.