SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO – Get Free Report) reached a new 52-week high on Wednesday . The stock traded as high as $29.61 and last traded at $29.60, with a volume of 73815 shares traded. The stock had previously closed at $29.51.
SPDR Portfolio Corporate Bond ETF Price Performance
The stock has a 50 day moving average price of $28.98 and a 200 day moving average price of $28.83.
Institutional Trading of SPDR Portfolio Corporate Bond ETF
Institutional investors and hedge funds have recently modified their holdings of the business. Vermillion & White Wealth Management Group LLC bought a new stake in shares of SPDR Portfolio Corporate Bond ETF in the fourth quarter worth $56,000. Cambridge Investment Research Advisors Inc. grew its holdings in shares of SPDR Portfolio Corporate Bond ETF by 501.2% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 152,761 shares of the company’s stock worth $4,447,000 after acquiring an additional 127,353 shares during the period. Eldridge Investment Advisors Inc. grew its holdings in shares of SPDR Portfolio Corporate Bond ETF by 135.7% in the fourth quarter. Eldridge Investment Advisors Inc. now owns 153,853 shares of the company’s stock worth $4,525,000 after acquiring an additional 88,586 shares during the period. Jackson Creek Investment Advisors LLC grew its holdings in shares of SPDR Portfolio Corporate Bond ETF by 1.9% in the fourth quarter. Jackson Creek Investment Advisors LLC now owns 20,966 shares of the company’s stock worth $617,000 after acquiring an additional 391 shares during the period. Finally, Avior Wealth Management LLC bought a new stake in shares of SPDR Portfolio Corporate Bond ETF in the fourth quarter worth $543,000.
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.
Further Reading
- Five stocks we like better than SPDR Portfolio Corporate Bond ETF
- Investing in Commodities: What Are They? How to Invest in Them
- Brinker International’s Price Dip is an Appetizing Entry Point
- 3 Monster Growth Stocks to Buy Now
- 3 Stocks That Could Beat the September Blues
- How to Calculate Inflation Rate
- Canopy Growth Stock: Can It Sustain Recent Gains?
Receive News & Ratings for SPDR Portfolio Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.