Arkansas Financial Group Inc. Has $21.13 Million Stock Position in SPDR Portfolio Corporate Bond ETF $SPBO

Arkansas Financial Group Inc. lifted its stake in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) by 29.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 713,518 shares of the company’s stock after purchasing an additional 162,250 shares during the period. SPDR Portfolio Corporate Bond ETF accounts for approximately 3.1% of Arkansas Financial Group Inc.’s holdings, making the stock its 8th largest position. Arkansas Financial Group Inc. owned about 1.23% of SPDR Portfolio Corporate Bond ETF worth $21,127,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Creative Financial Designs Inc. ADV grew its holdings in SPDR Portfolio Corporate Bond ETF by 17.3% during the second quarter. Creative Financial Designs Inc. ADV now owns 2,934 shares of the company’s stock valued at $86,000 after purchasing an additional 432 shares during the period. Allworth Financial LP purchased a new position in shares of SPDR Portfolio Corporate Bond ETF during the 2nd quarter valued at about $103,000. Truist Financial Corp bought a new position in shares of SPDR Portfolio Corporate Bond ETF during the 2nd quarter valued at approximately $201,000. Bank of Montreal Can grew its stake in shares of SPDR Portfolio Corporate Bond ETF by 30.7% during the 2nd quarter. Bank of Montreal Can now owns 7,333 shares of the company’s stock valued at $214,000 after acquiring an additional 1,722 shares during the period. Finally, Caldwell Trust Co purchased a new stake in SPDR Portfolio Corporate Bond ETF in the 2nd quarter worth approximately $272,000.

SPDR Portfolio Corporate Bond ETF Stock Performance

NYSEARCA SPBO opened at $29.43 on Friday. SPDR Portfolio Corporate Bond ETF has a 12 month low of $27.84 and a 12 month high of $29.93. The company’s 50 day moving average is $29.43 and its two-hundred day moving average is $29.39.

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.