Advyzon Investment Management LLC Invests $363,000 in SPDR Portfolio Corporate Bond ETF $SPBO

Advyzon Investment Management LLC purchased a new position in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 12,430 shares of the company’s stock, valued at approximately $363,000.

Several other institutional investors and hedge funds have also bought and sold shares of SPBO. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of SPDR Portfolio Corporate Bond ETF during the 1st quarter valued at $474,000. Flow Traders U.S. LLC purchased a new stake in SPDR Portfolio Corporate Bond ETF during the first quarter valued at about $4,938,000. Ameriprise Financial Inc. lifted its holdings in 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 purchasing an additional 5,346,892 shares during the last quarter. OLD Mission Capital LLC bought a new position in SPDR Portfolio Corporate Bond ETF during the first quarter worth about $2,061,000. Finally, Melone Private Wealth LLC increased its stake in shares of 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 worth $5,215,000 after purchasing an additional 1,697 shares in the last quarter.

SPDR Portfolio Corporate Bond ETF Price Performance

NYSEARCA SPBO opened at $29.56 on Wednesday. The company’s 50 day moving average is $29.64 and its 200-day moving average is $29.17. SPDR Portfolio Corporate Bond ETF has a 12-month low of $27.84 and a 12-month high of $29.93.

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.