Flow Traders U.S. LLC Takes Position in SPDR Portfolio Corporate Bond ETF $SPBO

Flow Traders U.S. LLC acquired a new position in shares of SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) in the first quarter, Holdings Channel reports. The fund acquired 170,091 shares of the company’s stock, valued at approximately $4,938,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV boosted its holdings in SPDR Portfolio Corporate Bond ETF by 18.4% during the first quarter. Creative Financial Designs Inc. ADV now owns 2,502 shares of the company’s stock valued at $73,000 after purchasing an additional 389 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of SPDR Portfolio Corporate Bond ETF by 16.5% during the 1st quarter. Farther Finance Advisors LLC now owns 17,650 shares of the company’s stock worth $512,000 after buying an additional 2,506 shares during the period. MJT & Associates Financial Advisory Group Inc. acquired a new stake in SPDR Portfolio Corporate Bond ETF in the 1st quarter valued at $474,000. Birmingham Capital Management Co. Inc. AL acquired a new stake in SPDR Portfolio Corporate Bond ETF in the 4th quarter valued at $5,384,000. Finally, Enstar Group LTD bought a new stake in SPDR Portfolio Corporate Bond ETF in the fourth quarter valued at $7,916,000.

SPDR Portfolio Corporate Bond ETF Trading Up 0.1%

SPDR Portfolio Corporate Bond ETF stock opened at $29.25 on Thursday. The stock has a fifty day moving average price of $29.05 and a two-hundred day moving average price of $28.85. SPDR Portfolio Corporate Bond ETF has a 52-week low of $27.84 and a 52-week high of $30.26.

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.