Truist Financial Corp Purchases New Shares in ProShares S&P 500 Bond ETF (NYSEARCA:SPXB)

Truist Financial Corp purchased a new stake in shares of ProShares S&P 500 Bond ETF (NYSEARCA:SPXB) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 3,337 shares of the company’s stock, valued at approximately $251,000. Truist Financial Corp owned approximately 2.22% of ProShares S&P 500 Bond ETF at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in SPXB. Jane Street Group LLC boosted its holdings in shares of ProShares S&P 500 Bond ETF by 134.0% in the 2nd quarter. Jane Street Group LLC now owns 38,969 shares of the company’s stock valued at $2,978,000 after buying an additional 22,319 shares during the period. Susquehanna International Group LLP boosted its holdings in shares of ProShares S&P 500 Bond ETF by 2.4% in the 4th quarter. Susquehanna International Group LLP now owns 16,735 shares of the company’s stock valued at $1,230,000 after buying an additional 392 shares during the period. Credit Suisse AG acquired a new position in shares of ProShares S&P 500 Bond ETF in the 3rd quarter valued at about $204,000. Advisor Group Holdings Inc. boosted its holdings in shares of ProShares S&P 500 Bond ETF by 128.6% in the 4th quarter. Advisor Group Holdings Inc. now owns 2,419 shares of the company’s stock valued at $178,000 after buying an additional 1,361 shares during the period. Finally, UBS Group AG boosted its holdings in shares of ProShares S&P 500 Bond ETF by 601.0% in the 1st quarter. UBS Group AG now owns 1,367 shares of the company’s stock valued at $114,000 after buying an additional 1,172 shares during the period.

ProShares S&P 500 Bond ETF Trading Down 0.0 %

Shares of NYSEARCA:SPXB opened at $71.57 on Tuesday. The company’s 50-day moving average price is $71.29 and its 200 day moving average price is $73.28. ProShares S&P 500 Bond ETF has a fifty-two week low of $69.24 and a fifty-two week high of $77.22.

ProShares S&P 500 Bond ETF Profile

The ProShares S&P 500 Bond ETF (SPXB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade bonds issued by companies in the S&P 500 Index. SPXB was launched on May 1, 2018 and is managed by ProShares.