Ashton Thomas Private Wealth LLC Takes Position in SPDR Portfolio Corporate Bond ETF $SPBO

Ashton Thomas Private Wealth LLC bought a new position in shares of SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 22,226 shares of the company’s stock, valued at approximately $659,000.

A number of other large investors have also added to or reduced their stakes in SPBO. Creative Financial Designs Inc. ADV increased its stake in SPDR Portfolio Corporate Bond ETF by 17.3% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 2,934 shares of the company’s stock worth $86,000 after buying an additional 432 shares during the period. Ascent Group LLC grew its stake in shares of SPDR Portfolio Corporate Bond ETF by 3.7% during the third quarter. Ascent Group LLC now owns 12,677 shares of the company’s stock valued at $376,000 after acquiring an additional 458 shares in the last quarter. National Wealth Management Group LLC increased its position in shares of SPDR Portfolio Corporate Bond ETF by 2.5% during the second quarter. National Wealth Management Group LLC now owns 26,551 shares of the company’s stock worth $776,000 after acquiring an additional 644 shares during the last quarter. ShoreHaven Wealth Partners LLC lifted its stake in shares of SPDR Portfolio Corporate Bond ETF by 2.0% in the second quarter. ShoreHaven Wealth Partners LLC now owns 45,694 shares of the company’s stock worth $1,335,000 after acquiring an additional 912 shares in the last quarter. Finally, Detalus Advisors LLC boosted its holdings in SPDR Portfolio Corporate Bond ETF by 10.0% in the third quarter. Detalus Advisors LLC now owns 14,472 shares of the company’s stock valued at $429,000 after purchasing an additional 1,313 shares during the last quarter.

SPDR Portfolio Corporate Bond ETF Stock Performance

Shares of NYSEARCA SPBO opened at $29.42 on Friday. SPDR Portfolio Corporate Bond ETF has a fifty-two week low of $27.84 and a fifty-two week high of $29.93. The business has a 50 day moving average price of $29.41 and a two-hundred day moving average price of $29.46.

SPDR Portfolio Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.123 per share. The ex-dividend date of this dividend was Monday, February 2nd. This is an increase from SPDR Portfolio Corporate Bond ETF’s previous monthly dividend of $0.12. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%.

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.