SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO – Get Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 1,392,040 shares traded hands during trading, an increase of 254% from the previous session’s volume of 393,599 shares.The stock last traded at $29.13 and had previously closed at $29.20.
SPDR Portfolio Corporate Bond ETF Trading Up 0.1 %
The business’s 50 day moving average is $29.77 and its two-hundred day moving average is $29.14.
Institutional Trading of SPDR Portfolio Corporate Bond ETF
A number of hedge funds have recently bought and sold shares of the company. Sanibel Captiva Trust Company Inc. purchased a new position in shares of SPDR Portfolio Corporate Bond ETF during the third quarter valued at $901,000. Richardson Financial Services Inc. purchased a new position in SPDR Portfolio Corporate Bond ETF during the 1st quarter valued at about $35,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of SPDR Portfolio Corporate Bond ETF in the 2nd quarter valued at about $26,000. Eldridge Investment Advisors Inc. lifted its position in shares of SPDR Portfolio Corporate Bond ETF by 11.9% in the second quarter. Eldridge Investment Advisors Inc. now owns 120,455 shares of the company’s stock worth $3,457,000 after purchasing an additional 12,815 shares in the last quarter. Finally, Arkansas Financial Group Inc. grew its position in SPDR Portfolio Corporate Bond ETF by 23.6% during the third quarter. Arkansas Financial Group Inc. now owns 332,446 shares of the company’s stock valued at $9,983,000 after purchasing an additional 63,452 shares in the last quarter.
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.
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