SPDR Portfolio Corporate Bond ETF $SPBO is Sterling Manor Financial LLC’s Largest Position

Sterling Manor Financial LLC lifted its position in shares of SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) by 14.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 617,319 shares of the company’s stock after buying an additional 78,394 shares during the quarter. SPDR Portfolio Corporate Bond ETF makes up 11.5% of Sterling Manor Financial LLC’s holdings, making the stock its largest holding. Sterling Manor Financial LLC owned about 1.00% of SPDR Portfolio Corporate Bond ETF worth $18,291,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in SPBO. Summit Financial Wealth Advisors LLC lifted its stake in SPDR Portfolio Corporate Bond ETF by 15.3% in the third quarter. Summit Financial Wealth Advisors LLC now owns 916,928 shares of the company’s stock worth $27,141,000 after acquiring an additional 121,857 shares during the period. National Wealth Management Group LLC raised its holdings in shares of SPDR Portfolio Corporate Bond ETF by 2.5% in the 2nd quarter. National Wealth Management Group LLC now owns 26,551 shares of the company’s stock valued at $776,000 after purchasing an additional 644 shares in the last quarter. Caldwell Trust Co bought a new stake in shares of SPDR Portfolio Corporate Bond ETF in the 2nd quarter valued at about $272,000. NWF Advisory Services Inc. purchased a new stake in shares of SPDR Portfolio Corporate Bond ETF in the 2nd quarter worth approximately $403,000. Finally, Osaic Holdings Inc. boosted its stake in shares of SPDR Portfolio Corporate Bond ETF by 160.3% during the second quarter. Osaic Holdings Inc. now owns 183,416 shares of the company’s stock valued at $5,345,000 after purchasing an additional 112,940 shares in the last quarter.

SPDR Portfolio Corporate Bond ETF Price Performance

Shares of SPBO stock opened at $29.36 on Friday. SPDR Portfolio Corporate Bond ETF has a 52-week low of $27.84 and a 52-week high of $29.93. The company’s 50 day moving average is $29.56 and its 200 day moving average is $29.33.

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.