547,777 Shares of SPDR Portfolio Corporate Bond ETF $SPBO Acquired by Ritholtz Wealth Management

Ritholtz Wealth Management bought a new position in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 547,777 shares of the company’s stock, valued at approximately $15,058,000. Ritholtz Wealth Management owned about 0.72% of SPDR Portfolio Corporate Bond ETF as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of SPDR Portfolio Corporate Bond ETF during the 3rd quarter valued at about $28,000. Creative Capital Management Investments LLC purchased a new position in shares of SPDR Portfolio Corporate Bond ETF during the third quarter valued at approximately $37,000. Richardson Financial Services Inc. purchased a new position in shares of SPDR Portfolio Corporate Bond ETF during the third quarter valued at approximately $39,000. Cherry Tree Wealth Management LLC purchased a new position in shares of SPDR Portfolio Corporate Bond ETF during the third quarter valued at approximately $47,000. Finally, Eastern Bank bought a new position in SPDR Portfolio Corporate Bond ETF during the third quarter valued at approximately $49,000.

SPDR Portfolio Corporate Bond ETF Stock Performance

Shares of SPDR Portfolio Corporate Bond ETF stock opened at $27.90 on Thursday. SPDR Portfolio Corporate Bond ETF has a twelve month low of $27.25 and a twelve month high of $29.74. The company’s 50 day moving average is $27.85 and its 200 day moving average is $28.69.

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.