SPDR Portfolio Corporate Bond ETF $SPBO Shares Sold by Breakwater Investment Management

by · The Cerbat Gem

Breakwater Investment Management lowered its holdings in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO – Free Report) by 6.8% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,153 shares of the company’s stock after selling 893 shares during the period. Breakwater Investment Management’s holdings in SPDR Portfolio Corporate Bond ETF were worth $355,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Creative Financial Designs Inc. ADV boosted its position in SPDR Portfolio Corporate Bond ETF by 18.4% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 2,502 shares of the company’s stock worth $73,000 after acquiring an additional 389 shares during the period. Melone Private Wealth LLC boosted its stake in shares of SPDR Portfolio Corporate Bond ETF by 1.0% during the 2nd quarter. Melone Private Wealth LLC now owns 179,257 shares of the company’s stock worth $5,215,000 after acquiring an additional 1,697 shares in the last quarter. Farther Finance Advisors LLC increased its stake in SPDR Portfolio Corporate Bond ETF by 16.5% in the 1st quarter. Farther Finance Advisors LLC now owns 17,650 shares of the company’s stock worth $512,000 after purchasing an additional 2,506 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of SPDR Portfolio Corporate Bond ETF in the first quarter worth approximately $474,000. Finally, Alesco Advisors LLC raised its stake in SPDR Portfolio Corporate Bond ETF by 108.4% during the 2nd 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 during the period.

SPDR Portfolio Corporate Bond ETF Stock Performance

SPBO stock opened at $29.78 on Wednesday. The firm has a 50 day simple moving average of $29.23 and a 200 day simple moving average of $28.92. SPDR Portfolio Corporate Bond ETF has a 52 week low of $27.84 and a 52 week high of $30.26.

SPDR Portfolio Corporate Bond ETF Profile

(Free Report)

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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