Quadrant Private Wealth Management LLC Cuts Stock Position in SPDR Portfolio Corporate Bond ETF $SPBO

Quadrant Private Wealth Management LLC lessened its holdings in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) by 14.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,656 shares of the company’s stock after selling 6,107 shares during the quarter. Quadrant Private Wealth Management LLC owned 0.06% of SPDR Portfolio Corporate Bond ETF worth $1,071,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in SPBO. Creative Financial Designs Inc. ADV boosted its holdings in shares of SPDR Portfolio Corporate Bond ETF by 17.3% in 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 last quarter. ShoreHaven Wealth Partners LLC raised its position in 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 during the period. Melone Private Wealth LLC boosted its stake in SPDR Portfolio Corporate Bond ETF by 1.0% in the second quarter. Melone Private Wealth LLC now owns 179,257 shares of the company’s stock valued at $5,215,000 after acquiring an additional 1,697 shares during the last quarter. Bank of Montreal Can boosted its stake in SPDR Portfolio Corporate Bond ETF by 30.7% in the second quarter. Bank of Montreal Can now owns 7,333 shares of the company’s stock valued at $214,000 after acquiring an additional 1,722 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in shares of SPDR Portfolio Corporate Bond ETF by 8.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 67,542 shares of the company’s stock valued at $1,974,000 after acquiring an additional 5,197 shares during the period.

SPDR Portfolio Corporate Bond ETF Stock Performance

Shares of SPBO stock opened at $29.44 on Friday. The company has a 50 day moving average of $29.62 and a 200-day moving average of $29.15. SPDR Portfolio Corporate Bond ETF has a 12-month low of $27.84 and a 12-month high of $29.93.

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.