SPDR Portfolio Corporate Bond ETF $SPBO is Arkansas Financial Group Inc.’s 8th Largest Position

Arkansas Financial Group Inc. lifted its position in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) by 29.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 713,518 shares of the company’s stock after acquiring an additional 162,250 shares during the quarter. SPDR Portfolio Corporate Bond ETF comprises about 3.1% of Arkansas Financial Group Inc.’s portfolio, making the stock its 8th biggest holding. Arkansas Financial Group Inc.’s holdings in SPDR Portfolio Corporate Bond ETF were worth $21,127,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in SPBO. Advyzon Investment Management LLC acquired a new position in shares of SPDR Portfolio Corporate Bond ETF in the second quarter worth about $363,000. Foundations Investment Advisors LLC grew its position in shares of SPDR Portfolio Corporate Bond ETF by 83.8% during the 2nd quarter. Foundations Investment Advisors LLC now owns 109,347 shares of the company’s stock valued at $3,195,000 after acquiring an additional 49,859 shares during the period. Bank of Montreal Can increased its stake in shares of SPDR Portfolio Corporate Bond ETF by 30.7% in the 2nd quarter. Bank of Montreal Can now owns 7,333 shares of the company’s stock valued at $214,000 after purchasing an additional 1,722 shares in the last quarter. Tradewinds Capital Management LLC raised its holdings in SPDR Portfolio Corporate Bond ETF by 64.3% in the 3rd quarter. Tradewinds Capital Management LLC now owns 127,759 shares of the company’s stock worth $3,786,000 after purchasing an additional 50,004 shares during the period. Finally, Summit Financial Wealth Advisors LLC boosted its position in SPDR Portfolio Corporate Bond ETF by 15.3% during the third quarter. Summit Financial Wealth Advisors LLC now owns 916,928 shares of the company’s stock worth $27,141,000 after purchasing an additional 121,857 shares in the last quarter.

SPDR Portfolio Corporate Bond ETF Price Performance

Shares of SPBO opened at $29.43 on Friday. SPDR Portfolio Corporate Bond ETF has a 12 month low of $27.84 and a 12 month high of $29.93. The stock’s 50 day moving average is $29.43 and its two-hundred day moving average is $29.39.

SPDR Portfolio Corporate Bond ETF 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.