Mach 1 Financial Group LLC Purchases Shares of 39,751 SPDR Portfolio Corporate Bond ETF $SPBO

Mach 1 Financial Group LLC purchased a new stake in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 39,751 shares of the company’s stock, valued at approximately $1,166,000. Mach 1 Financial Group LLC owned 0.06% of SPDR Portfolio Corporate Bond ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of SPBO. North Dakota State Investment Board bought a new stake in SPDR Portfolio Corporate Bond ETF in the 4th quarter valued at $31,953,000. Ameriprise Financial Inc. increased its holdings in SPDR Portfolio Corporate Bond ETF by 15.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 7,339,315 shares of the company’s stock valued at $217,450,000 after buying an additional 988,964 shares during the period. Tradewinds Capital Management LLC increased its holdings in SPDR Portfolio Corporate Bond ETF by 491.0% in 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 period. Asset Management One Co. Ltd. bought a new stake in SPDR Portfolio Corporate Bond ETF in the 4th quarter valued at $10,376,000. Finally, Thrivent Financial for Lutherans bought a new stake in SPDR Portfolio Corporate Bond ETF in the 3rd quarter valued at $8,605,000.

SPDR Portfolio Corporate Bond ETF Price Performance

Shares of SPDR Portfolio Corporate Bond ETF stock opened at $28.80 on Thursday. The company’s fifty day moving average price is $29.01 and its two-hundred day moving average price is $29.30. SPDR Portfolio Corporate Bond ETF has a 52-week low of $28.28 and a 52-week high of $29.93.

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.