SPDR Portfolio Corporate Bond ETF $SPBO Shares Sold by Flaharty Asset Management LLC

Flaharty Asset Management LLC trimmed its stake in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) by 92.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,923 shares of the company’s stock after selling 687,336 shares during the period. SPDR Portfolio Corporate Bond ETF makes up 2.4% of Flaharty Asset Management LLC’s investment portfolio, making the stock its 20th largest holding. Flaharty Asset Management LLC owned about 0.08% of SPDR Portfolio Corporate Bond ETF worth $1,704,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPBO. North Dakota State Investment Board purchased a new stake in SPDR Portfolio Corporate Bond ETF in the fourth quarter valued at $31,953,000. Ameriprise Financial Inc. boosted its stake in SPDR Portfolio Corporate Bond ETF by 15.6% in the third quarter. Ameriprise Financial Inc. now owns 7,339,315 shares of the company’s stock valued at $217,450,000 after acquiring an additional 988,964 shares in the last quarter. Assetmark Inc. grew its holdings in shares of SPDR Portfolio Corporate Bond ETF by 47.0% during the first quarter. Assetmark Inc. now owns 2,170,235 shares of the company’s stock worth $63,002,000 after purchasing an additional 694,327 shares during the last quarter. Asset Management One Co. Ltd. purchased a new position in shares of SPDR Portfolio Corporate Bond ETF during the fourth quarter worth about $10,376,000. Finally, Hobart Private Capital LLC acquired a new stake in shares of SPDR Portfolio Corporate Bond ETF during the second quarter worth about $8,935,000.

SPDR Portfolio Corporate Bond ETF Trading Up 0.1%

SPBO opened at $28.51 on Friday. SPDR Portfolio Corporate Bond ETF has a one year low of $28.37 and a one year high of $29.93. The business’s 50-day simple moving average is $28.79 and its 200-day simple moving average is $29.05.

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.