SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) Sets New 1-Year High at $30.22

SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $30.22 and last traded at $30.17, with a volume of 15149 shares changing hands. The stock had previously closed at $30.06.

SPDR Portfolio Corporate Bond ETF Price Performance

The business has a 50-day moving average price of $29.50 and a two-hundred day moving average price of $28.98.

Institutional Trading of SPDR Portfolio Corporate Bond ETF

Large investors have recently modified their holdings of the business. Ashton Thomas Private Wealth LLC acquired a new stake in shares of SPDR Portfolio Corporate Bond ETF during the second quarter valued at $26,000. Richardson Financial Services Inc. purchased a new position in SPDR Portfolio Corporate Bond ETF in the 1st quarter valued at about $35,000. Vermillion & White Wealth Management Group LLC acquired a new stake in shares of SPDR Portfolio Corporate Bond ETF during the 4th quarter worth about $56,000. Parallel Advisors LLC purchased a new stake in shares of SPDR Portfolio Corporate Bond ETF during the second quarter worth about $273,000. Finally, Eldridge Investment Advisors Inc. raised its position in shares of SPDR Portfolio Corporate Bond ETF by 11.9% in the second quarter. Eldridge Investment Advisors Inc. now owns 120,455 shares of the company’s stock valued at $3,457,000 after buying an additional 12,815 shares during the last quarter.

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.