Ritholtz Wealth Management Grows Stock Holdings in SPDR Portfolio Corporate Bond ETF $SPBO

Ritholtz Wealth Management lifted its holdings in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) by 24.1% during the first quarter, Holdings Channel reports. The fund owned 100,235 shares of the company’s stock after buying an additional 19,451 shares during the quarter. Ritholtz Wealth Management’s holdings in SPDR Portfolio Corporate Bond ETF were worth $2,910,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. North Dakota State Investment Board acquired a new position in SPDR Portfolio Corporate Bond ETF during the fourth quarter valued at $31,953,000. Ameriprise Financial Inc. grew its position in SPDR Portfolio Corporate Bond ETF by 15.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 7,339,315 shares of the company’s stock worth $217,450,000 after purchasing an additional 988,964 shares during the period. Tradewinds Capital Management LLC raised its stake in shares of SPDR Portfolio Corporate Bond ETF by 491.0% during the 4th quarter. Tradewinds Capital Management LLC now owns 755,118 shares of the company’s stock valued at $22,155,000 after buying an additional 627,359 shares during the last quarter. Asset Management One Co. Ltd. purchased a new position in shares of SPDR Portfolio Corporate Bond ETF during the 4th quarter valued at about $10,376,000. Finally, AE Wealth Management LLC raised its stake in shares of SPDR Portfolio Corporate Bond ETF by 13.7% during the 4th quarter. AE Wealth Management LLC now owns 1,974,900 shares of the company’s stock valued at $57,944,000 after buying an additional 237,241 shares during the last quarter.

SPDR Portfolio Corporate Bond ETF Price Performance

Shares of SPBO stock opened at $29.15 on Friday. SPDR Portfolio Corporate Bond ETF has a 52-week low of $28.57 and a 52-week high of $29.93. The business has a 50-day simple moving average of $29.00 and a 200-day simple moving average of $29.21.

About SPDR Portfolio Corporate Bond ETF

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.