David Kennon Inc Makes New Investment in SPDR Portfolio Corporate Bond ETF $SPBO

David Kennon Inc acquired a new position in shares of SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 51,304 shares of the company’s stock, valued at approximately $1,410,000. SPDR Portfolio Corporate Bond ETF makes up about 0.5% of David Kennon Inc’s investment portfolio, making the stock its 29th largest position. David Kennon Inc owned 0.07% of SPDR Portfolio Corporate Bond ETF as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in SPBO. MJT & Associates Financial Advisory Group Inc. purchased a new position in SPDR Portfolio Corporate Bond ETF during the 3rd quarter valued at about $28,000. SHP Wealth Management bought a new stake in shares of SPDR Portfolio Corporate Bond ETF during the fourth quarter valued at about $38,000. Creative Capital Management Investments LLC bought a new stake in shares of SPDR Portfolio Corporate Bond ETF during the first quarter valued at about $39,000. Eastern Bank bought a new stake in shares of SPDR Portfolio Corporate Bond ETF during the third quarter valued at about $49,000. Finally, Root Financial Partners LLC purchased a new stake in shares of SPDR Portfolio Corporate Bond ETF in the first quarter worth about $63,000.

SPDR Portfolio Corporate Bond ETF Trading Down 0.1%

Shares of SPDR Portfolio Corporate Bond ETF stock traded down $0.03 on Tuesday, reaching $27.57. The stock had a trading volume of 216,874 shares, compared to its average volume of 639,216. SPDR Portfolio Corporate Bond ETF has a 1 year low of $27.25 and a 1 year high of $29.93. The business’s 50 day moving average is $28.09 and its two-hundred day moving average is $28.62.

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.