SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) Sees Unusually-High Trading Volume

Shares of SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) saw an uptick in trading volume on Wednesday . 1,026,040 shares changed hands during trading, an increase of 198% from the previous session’s volume of 343,808 shares.The stock last traded at $29.28 and had previously closed at $29.28.

SPDR Portfolio Corporate Bond ETF Trading Down 0.5 %

The business has a 50-day moving average of $28.92 and a two-hundred day moving average of $28.82.

Institutional Investors Weigh In On SPDR Portfolio Corporate Bond ETF

Institutional investors have recently made changes to their positions in the stock. Ashton Thomas Private Wealth LLC bought a new stake in shares of SPDR Portfolio Corporate Bond ETF during the 2nd quarter valued at about $26,000. Richardson Financial Services Inc. bought a new stake in shares of SPDR Portfolio Corporate Bond ETF during the 1st quarter valued at about $35,000. Vermillion & White Wealth Management Group LLC bought a new stake in shares of SPDR Portfolio Corporate Bond ETF during the 4th quarter valued at about $56,000. Avior Wealth Management LLC acquired a new position in SPDR Portfolio Corporate Bond ETF during the 4th quarter worth approximately $543,000. Finally, Jackson Creek Investment Advisors LLC raised its stake in SPDR Portfolio Corporate Bond ETF by 1.9% during the 4th quarter. Jackson Creek Investment Advisors LLC now owns 20,966 shares of the company’s stock worth $617,000 after buying an additional 391 shares during the period.

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.