Detalus Advisors LLC Makes New $1.03 Million Investment in SPDR Portfolio Corporate Bond ETF $SPBO

Detalus Advisors LLC bought a new stake in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 37,370 shares of the company’s stock, valued at approximately $1,027,000.

A number of other hedge funds have also made changes to their positions in SPBO. Ritholtz Wealth Management raised its position in SPDR Portfolio Corporate Bond ETF by 24.1% during the first quarter. Ritholtz Wealth Management now owns 100,235 shares of the company’s stock worth $2,910,000 after acquiring an additional 19,451 shares during the last quarter. Summit Financial Wealth Advisors LLC lifted its position 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 valued at $32,711,000 after acquiring an additional 99,072 shares in the last quarter. Assetmark Inc. boosted its stake 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. Cetera Investment Advisers boosted its position in SPDR Portfolio Corporate Bond ETF by 19.7% during the first quarter. Cetera Investment Advisers now owns 148,925 shares of the company’s stock worth $4,323,000 after acquiring an additional 24,518 shares during the last quarter. Finally, Hobart Private Capital LLC acquired a new stake in shares of SPDR Portfolio Corporate Bond ETF during the second quarter worth $8,935,000.

SPDR Portfolio Corporate Bond ETF Trading Up 0.7%

SPDR Portfolio Corporate Bond ETF stock opened at $27.80 on Friday. The stock has a fifty day moving average price of $28.05 and a 200 day moving average price of $28.60. SPDR Portfolio Corporate Bond ETF has a 52 week low of $27.25 and a 52 week high of $29.93.

SPDR Portfolio Corporate Bond ETF 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.