307,667 Shares in SPDR Portfolio Corporate Bond ETF $SPBO Purchased by Hobart Private Capital LLC

Hobart Private Capital LLC acquired a new position in shares of SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 307,667 shares of the company’s stock, valued at approximately $8,935,000. SPDR Portfolio Corporate Bond ETF comprises 1.5% of Hobart Private Capital LLC’s holdings, making the stock its 23rd biggest position.

Several other institutional investors and hedge funds also recently bought and sold shares of SPBO. North Dakota State Investment Board acquired a new position in shares of SPDR Portfolio Corporate Bond ETF in the 4th quarter valued at about $31,953,000. Ameriprise Financial Inc. boosted its holdings in shares of SPDR Portfolio Corporate Bond ETF by 15.6% during the third 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. Assetmark Inc. boosted its holdings in shares of SPDR Portfolio Corporate Bond ETF by 47.0% during the first quarter. Assetmark Inc. now owns 2,170,235 shares of the company’s stock worth $63,002,000 after purchasing an additional 694,327 shares during the period. Asset Management One Co. Ltd. acquired a new stake in shares of SPDR Portfolio Corporate Bond ETF during the fourth quarter worth approximately $10,376,000. Finally, Procyon Advisors LLC grew its position in SPDR Portfolio Corporate Bond ETF by 16.5% during the first quarter. Procyon Advisors LLC now owns 1,740,756 shares of the company’s stock valued at $50,534,000 after purchasing an additional 247,084 shares in the last quarter.

SPDR Portfolio Corporate Bond ETF Stock Down 0.1%

Shares of SPBO opened at $28.40 on Tuesday. The company’s 50 day moving average price is $28.83 and its 200 day moving average price is $29.08. SPDR Portfolio Corporate Bond ETF has a 52 week low of $28.37 and a 52 week 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.