Center For Asset Management LLC Raises Stake in SPDR Portfolio Corporate Bond ETF $SPBO

Center For Asset Management LLC boosted its position in shares of SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) by 49.6% in the 1st quarter, HoldingsChannel reports. The fund owned 57,392 shares of the company’s stock after acquiring an additional 19,022 shares during the period. Center For Asset Management LLC’s holdings in SPDR Portfolio Corporate Bond ETF were worth $1,666,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of SPBO. Bank of America Corp DE lifted its position in shares of SPDR Portfolio Corporate Bond ETF by 2.7% during the 2nd quarter. Bank of America Corp DE now owns 2,702,160 shares of the company’s stock worth $78,957,000 after purchasing an additional 71,447 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of SPDR Portfolio Corporate Bond ETF by 100.0% during the second quarter. Corient Private Wealth LLC now owns 63,644 shares of the company’s stock worth $1,860,000 after purchasing an additional 31,822 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of SPDR Portfolio Corporate Bond ETF by 1.6% during the third quarter. Envestnet Asset Management Inc. now owns 68,646 shares of the company’s stock worth $2,034,000 after purchasing an additional 1,104 shares in the last quarter. MAI Capital Management increased its holdings in SPDR Portfolio Corporate Bond ETF by 15.6% in the third quarter. MAI Capital Management now owns 3,411 shares of the company’s stock valued at $101,000 after buying an additional 460 shares during the last quarter. Finally, CreativeOne Wealth LLC increased its holdings in SPDR Portfolio Corporate Bond ETF by 1.3% in the third quarter. CreativeOne Wealth LLC now owns 27,118 shares of the company’s stock valued at $804,000 after buying an additional 353 shares during the last quarter.

SPDR Portfolio Corporate Bond ETF Stock Performance

SPDR Portfolio Corporate Bond ETF stock opened at $29.03 on Monday. SPDR Portfolio Corporate Bond ETF has a 1-year low of $28.57 and a 1-year high of $29.93. The stock’s fifty day moving average is $29.01 and its two-hundred day moving average is $29.22.

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.