51,415 Shares in SPDR Portfolio Corporate Bond ETF $SPBO Acquired by National Wealth Management Group LLC

National Wealth Management Group LLC acquired a new position in shares of SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 51,415 shares of the company’s stock, valued at approximately $1,413,000.

Several other large investors also recently added to or reduced their stakes in SPBO. Flagship Harbor Advisors LLC acquired a new stake in shares of SPDR Portfolio Corporate Bond ETF in the 3rd quarter worth $13,871,000. Sowell Financial Services LLC purchased a new position in shares of SPDR Portfolio Corporate Bond ETF during the 3rd quarter worth $209,000. Visionary Horizons LLC purchased a new position in shares of SPDR Portfolio Corporate Bond ETF during the 3rd quarter worth $344,000. Aire Advisors LLC acquired a new position in shares of SPDR Portfolio Corporate Bond ETF during the 3rd quarter valued at about $273,000. Finally, Sterling Manor Financial LLC acquired a new position in shares of SPDR Portfolio Corporate Bond ETF during the 3rd quarter valued at about $20,904,000.

SPDR Portfolio Corporate Bond ETF Price Performance

Shares of SPBO opened at $27.90 on Tuesday. SPDR Portfolio Corporate Bond ETF has a 12-month low of $27.25 and a 12-month high of $29.93. The firm has a 50-day moving average price of $27.98 and a 200 day moving average price of $28.79.

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.