SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO – Get Free Report)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as $28.36 and last traded at $28.37, with a volume of 185614 shares changing hands. The stock had previously closed at $28.42.
SPDR Portfolio Corporate Bond ETF Stock Down 0.3%
The business’s fifty day simple moving average is $28.74 and its two-hundred day simple moving average is $29.02.
Institutional Investors Weigh In On SPDR Portfolio Corporate Bond ETF
Several hedge funds have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of SPDR Portfolio Corporate Bond ETF by 82.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 881 shares of the company’s stock worth $26,000 after acquiring an additional 398 shares in the last quarter. Summit Financial LLC increased its holdings in SPDR Portfolio Corporate Bond ETF by 6.8% during the 4th quarter. Summit Financial LLC now owns 7,843 shares of the company’s stock valued at $230,000 after purchasing an additional 497 shares in the last quarter. CreativeOne Wealth LLC raised its position in SPDR Portfolio Corporate Bond ETF by 1.9% in the 4th quarter. CreativeOne Wealth LLC now owns 27,628 shares of the company’s stock valued at $811,000 after purchasing an additional 510 shares during the last quarter. Arrien Investments Inc. boosted its stake in SPDR Portfolio Corporate Bond ETF by 4.7% in the first quarter. Arrien Investments Inc. now owns 13,785 shares of the company’s stock worth $400,000 after purchasing an additional 617 shares in the last quarter. Finally, Great Valley Advisor Group Inc. boosted its stake in SPDR Portfolio Corporate Bond ETF by 8.6% in the fourth quarter. Great Valley Advisor Group Inc. now owns 7,794 shares of the company’s stock worth $229,000 after purchasing an additional 619 shares in the last quarter.
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.
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