SPDR Portfolio Corporate Bond ETF $SPBO Shares Bought by Summit Financial Wealth Advisors LLC

Summit Financial Wealth Advisors LLC boosted its holdings in shares of SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) by 9.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,126,788 shares of the company’s stock after acquiring an additional 99,072 shares during the period. SPDR Portfolio Corporate Bond ETF makes up approximately 4.6% of Summit Financial Wealth Advisors LLC’s investment portfolio, making the stock its 4th largest holding. Summit Financial Wealth Advisors LLC owned 1.65% of SPDR Portfolio Corporate Bond ETF worth $32,711,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. North Dakota State Investment Board bought a new position in shares of SPDR Portfolio Corporate Bond ETF in the 4th quarter valued at about $31,953,000. Ameriprise Financial Inc. grew its stake in SPDR Portfolio Corporate Bond ETF by 15.6% in the third quarter. Ameriprise Financial Inc. now owns 7,339,315 shares of the company’s stock valued at $217,450,000 after purchasing an additional 988,964 shares in the last quarter. Assetmark Inc. increased its position in shares of SPDR Portfolio Corporate Bond ETF by 47.0% during the 1st quarter. Assetmark Inc. now owns 2,170,235 shares of the company’s stock worth $63,002,000 after purchasing an additional 694,327 shares during the last quarter. Asset Management One Co. Ltd. bought a new stake in shares of SPDR Portfolio Corporate Bond ETF during the 4th quarter worth approximately $10,376,000. Finally, Procyon Advisors LLC boosted its holdings in shares of SPDR Portfolio Corporate Bond ETF by 16.5% in the 1st quarter. Procyon Advisors LLC now owns 1,740,756 shares of the company’s stock valued at $50,534,000 after buying an additional 247,084 shares during the last quarter.

SPDR Portfolio Corporate Bond ETF Trading Down 0.2%

Shares of SPBO stock opened at $28.44 on Friday. The company has a fifty day moving average price of $28.84 and a two-hundred day moving average price of $29.09. SPDR Portfolio Corporate Bond ETF has a one year low of $28.39 and a one 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.