JPMorgan Chase & Co. Sells 47,417 Shares of SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO)

JPMorgan Chase & Co. decreased its stake in shares of SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) by 22.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 163,074 shares of the company’s stock after selling 47,417 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.33% of SPDR Portfolio Corporate Bond ETF worth $4,897,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Creative Financial Designs Inc. ADV raised its stake in shares of SPDR Portfolio Corporate Bond ETF by 638.7% during the third quarter. Creative Financial Designs Inc. ADV now owns 1,012 shares of the company’s stock valued at $30,000 after acquiring an additional 875 shares in the last quarter. Private Trust Co. NA increased its holdings in SPDR Portfolio Corporate Bond ETF by 8.1% during the 3rd quarter. Private Trust Co. NA now owns 11,125 shares of the company’s stock worth $334,000 after purchasing an additional 832 shares during the period. Farther Finance Advisors LLC increased its holdings in SPDR Portfolio Corporate Bond ETF by 14,795.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 14,598 shares of the company’s stock worth $438,000 after purchasing an additional 14,500 shares during the period. Avior Wealth Management LLC raised its position in SPDR Portfolio Corporate Bond ETF by 28.0% during the 3rd quarter. Avior Wealth Management LLC now owns 23,617 shares of the company’s stock valued at $709,000 after purchasing an additional 5,165 shares in the last quarter. Finally, Sanibel Captiva Trust Company Inc. purchased a new stake in shares of SPDR Portfolio Corporate Bond ETF in the 3rd quarter worth $901,000.

SPDR Portfolio Corporate Bond ETF Price Performance

SPBO opened at $28.63 on Friday. SPDR Portfolio Corporate Bond ETF has a 12-month low of $28.06 and a 12-month high of $30.26. The business’s fifty day simple moving average is $28.92 and its 200-day simple moving average is $29.27.

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.