Level Four Advisory Services LLC Raises Stake in SPDR Portfolio Corporate Bond ETF $SPBO

by · The Cerbat Gem

Level Four Advisory Services LLC increased its position in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO – Free Report) by 16.2% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 31,275 shares of the company’s stock after acquiring an additional 4,356 shares during the period. Level Four Advisory Services LLC’s holdings in SPDR Portfolio Corporate Bond ETF were worth $914,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of SPBO. Kingdom Financial Group LLC. purchased a new stake in SPDR Portfolio Corporate Bond ETF in the 2nd quarter worth approximately $517,000. Financial Gravity Companies Inc. purchased a new position in shares of SPDR Portfolio Corporate Bond ETF during the 2nd quarter worth $10,956,000. Cetera Investment Advisers boosted its holdings in shares of SPDR Portfolio Corporate Bond ETF by 16.1% during the second quarter. Cetera Investment Advisers now owns 43,136 shares of the company’s stock worth $1,260,000 after purchasing an additional 5,994 shares during the last quarter. Flaharty Asset Management LLC grew its position in shares of SPDR Portfolio Corporate Bond ETF by 1.7% in the second quarter. Flaharty Asset Management LLC now owns 680,216 shares of the company’s stock valued at $19,876,000 after purchasing an additional 11,459 shares during the period. Finally, Creative Planning grew its position in shares of SPDR Portfolio Corporate Bond ETF by 63.6% in the second quarter. Creative Planning now owns 16,712 shares of the company’s stock valued at $488,000 after purchasing an additional 6,498 shares during the period.

SPDR Portfolio Corporate Bond ETF Trading Down 0.1%

NYSEARCA SPBO opened at $29.69 on Monday. The business’s 50-day moving average price is $29.61 and its 200 day moving average price is $29.25. SPDR Portfolio Corporate Bond ETF has a twelve month low of $27.84 and a twelve month high of $29.93.

SPDR Portfolio Corporate Bond ETF Company Profile

(Free Report)

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.

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