Farther Finance Advisors LLC Sells 12,069 Shares of SPDR Portfolio Corporate Bond ETF $SPBO

Farther Finance Advisors LLC reduced its position in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) by 68.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,581 shares of the company’s stock after selling 12,069 shares during the quarter. Farther Finance Advisors LLC’s holdings in SPDR Portfolio Corporate Bond ETF were worth $163,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Exchange Traded Concepts LLC purchased a new stake in SPDR Portfolio Corporate Bond ETF in the second quarter valued at approximately $43,681,000. Sovran Advisors LLC purchased a new stake in SPDR Portfolio Corporate Bond ETF in the second quarter valued at approximately $290,000. Alesco Advisors LLC raised its stake in SPDR Portfolio Corporate Bond ETF by 108.4% in the second quarter. Alesco Advisors LLC now owns 36,645 shares of the company’s stock valued at $1,071,000 after purchasing an additional 19,060 shares in the last quarter. Sterling Manor Financial LLC raised its stake in SPDR Portfolio Corporate Bond ETF by 5.3% in the second quarter. Sterling Manor Financial LLC now owns 538,925 shares of the company’s stock valued at $15,747,000 after purchasing an additional 27,220 shares in the last quarter. Finally, Melone Private Wealth LLC raised its stake in SPDR Portfolio Corporate Bond ETF by 1.0% in the second quarter. Melone Private Wealth LLC now owns 179,257 shares of the company’s stock valued at $5,215,000 after purchasing an additional 1,697 shares in the last quarter.

SPDR Portfolio Corporate Bond ETF Price Performance

SPBO stock opened at $29.63 on Friday. SPDR Portfolio Corporate Bond ETF has a one year low of $27.84 and a one year high of $29.92. The company’s 50 day moving average price is $29.40 and its two-hundred day moving average price is $28.98.

About SPDR Portfolio Corporate Bond ETF

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.