Ashton Thomas Private Wealth LLC Purchases New Position in SPDR Portfolio Corporate Bond ETF $SPBO

Ashton Thomas Private Wealth LLC purchased a new stake in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 22,226 shares of the company’s stock, valued at approximately $659,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Truist Financial Corp acquired a new position in shares of SPDR Portfolio Corporate Bond ETF in the 2nd quarter valued at $201,000. CWM LLC lifted its position in SPDR Portfolio Corporate Bond ETF by 8.8% in the second quarter. CWM LLC now owns 294,861 shares of the company’s stock valued at $8,616,000 after acquiring an additional 23,830 shares during the last quarter. Ritholtz Wealth Management boosted its stake in SPDR Portfolio Corporate Bond ETF by 91.1% in the second quarter. Ritholtz Wealth Management now owns 78,141 shares of the company’s stock valued at $2,283,000 after acquiring an additional 37,242 shares in the last quarter. ShoreHaven Wealth Partners LLC grew its holdings in shares of SPDR Portfolio Corporate Bond ETF by 2.0% during the second quarter. ShoreHaven Wealth Partners LLC now owns 45,694 shares of the company’s stock worth $1,335,000 after purchasing an additional 912 shares during the last quarter. Finally, Tradewinds Capital Management LLC grew its holdings in shares of SPDR Portfolio Corporate Bond ETF by 17.8% during the second quarter. Tradewinds Capital Management LLC now owns 77,755 shares of the company’s stock worth $2,272,000 after purchasing an additional 11,762 shares during the last quarter.

SPDR Portfolio Corporate Bond ETF Price Performance

SPDR Portfolio Corporate Bond ETF stock opened at $29.42 on Friday. SPDR Portfolio Corporate Bond ETF has a fifty-two week low of $27.84 and a fifty-two week high of $29.93. The stock has a 50-day simple moving average of $29.41 and a 200-day simple moving average of $29.46.

SPDR Portfolio Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.123 dividend. This is a positive change from SPDR Portfolio Corporate Bond ETF’s previous monthly dividend of $0.12. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%.

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.