Parallel Advisors LLC cut its stake in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO – Free Report) by 3.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,506 shares of the company’s stock after selling 380 shares during the quarter. Parallel Advisors LLC’s holdings in SPDR Portfolio Corporate Bond ETF were worth $278,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of the business. Ameriprise Financial Inc. grew its stake in shares of SPDR Portfolio Corporate Bond ETF by 443.6% during the first quarter. Ameriprise Financial Inc. now owns 6,552,185 shares of the company’s stock valued at $190,217,000 after acquiring an additional 5,346,892 shares in the last quarter. Financial Gravity Asset Management Inc. acquired a new stake in shares of SPDR Portfolio Corporate Bond ETF during the first quarter valued at about $10,170,000. Birmingham Capital Management Co. Inc. AL acquired a new stake in shares of SPDR Portfolio Corporate Bond ETF during the fourth quarter valued at about $5,384,000. Flow Traders U.S. LLC acquired a new stake in shares of SPDR Portfolio Corporate Bond ETF during the first quarter valued at about $4,938,000. Finally, OLD Mission Capital LLC acquired a new stake in shares of SPDR Portfolio Corporate Bond ETF during the first quarter valued at about $2,061,000.
SPDR Portfolio Corporate Bond ETF Stock Performance
NYSEARCA:SPBO opened at $29.68 on Monday. SPDR Portfolio Corporate Bond ETF has a one year low of $27.84 and a one year high of $30.16. The stock has a 50-day simple moving average of $29.27 and a 200 day simple moving average of $28.93.
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.
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