Breakwater Capital Group acquired a new position in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 53,431 shares of the company’s stock, valued at approximately $1,469,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Assetmark Inc. grew its position in shares of SPDR Portfolio Corporate Bond ETF by 47.0% during the first 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 in the last quarter. Hobart Private Capital LLC bought a new stake in shares of SPDR Portfolio Corporate Bond ETF during the second quarter valued at approximately $8,935,000. Procyon Advisors LLC lifted its holdings in shares of SPDR Portfolio Corporate Bond ETF by 16.5% in the first quarter. Procyon Advisors LLC now owns 1,740,756 shares of the company’s stock worth $50,534,000 after buying an additional 247,084 shares in the last quarter. Summit Financial Wealth Advisors LLC lifted its holdings in shares of SPDR Portfolio Corporate Bond ETF by 9.6% in the first quarter. Summit Financial Wealth Advisors LLC now owns 1,126,788 shares of the company’s stock worth $32,711,000 after buying an additional 99,072 shares in the last quarter. Finally, Royal Bank of Canada boosted its position in shares of SPDR Portfolio Corporate Bond ETF by 29.8% during the first quarter. Royal Bank of Canada now owns 340,386 shares of the company’s stock worth $9,881,000 after acquiring an additional 78,224 shares during the last quarter.
SPDR Portfolio Corporate Bond ETF Stock Up 0.3%
SPBO opened at $27.56 on Friday. The company has a fifty day moving average of $28.14 and a 200 day moving average of $28.65. SPDR Portfolio Corporate Bond ETF has a fifty-two week low of $27.25 and a fifty-two week high of $29.93.
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.
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