SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) Stock Position Reduced by ST Germain D J Co. Inc.

ST Germain D J Co. Inc. cut its holdings in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) by 9.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,715,123 shares of the company’s stock after selling 297,134 shares during the quarter. SPDR Portfolio Corporate Bond ETF comprises approximately 3.9% of ST Germain D J Co. Inc.’s holdings, making the stock its 3rd largest position. ST Germain D J Co. Inc. owned about 7.85% of SPDR Portfolio Corporate Bond ETF worth $79,037,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SPBO. Arkansas Financial Group Inc. increased its position in SPDR Portfolio Corporate Bond ETF by 18.1% during the fourth quarter. Arkansas Financial Group Inc. now owns 198,167 shares of the company’s stock worth $5,828,000 after acquiring an additional 30,438 shares during the period. Vermillion & White Wealth Management Group LLC bought a new position in SPDR Portfolio Corporate Bond ETF during the fourth quarter worth $56,000. Eldridge Investment Advisors Inc. increased its position in SPDR Portfolio Corporate Bond ETF by 135.7% during the fourth quarter. Eldridge Investment Advisors Inc. now owns 153,853 shares of the company’s stock worth $4,525,000 after acquiring an additional 88,586 shares during the period. Jackson Creek Investment Advisors LLC increased its position in SPDR Portfolio Corporate Bond ETF by 1.9% during the fourth quarter. Jackson Creek Investment Advisors LLC now owns 20,966 shares of the company’s stock worth $617,000 after acquiring an additional 391 shares during the period. Finally, Avior Wealth Management LLC bought a new position in SPDR Portfolio Corporate Bond ETF during the fourth quarter worth $543,000.

SPDR Portfolio Corporate Bond ETF Trading Up 0.5 %

SPDR Portfolio Corporate Bond ETF stock traded up $0.13 on Tuesday, hitting $28.99. The company’s stock had a trading volume of 389,662 shares, compared to its average volume of 359,130. The company has a fifty day moving average price of $28.55 and a 200-day moving average price of $28.87. SPDR Portfolio Corporate Bond ETF has a one year low of $26.75 and a one year high of $29.60.

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.