Arkansas Financial Group Inc. Buys 63,452 Shares of SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO)

Arkansas Financial Group Inc. boosted its position in SPDR Portfolio Corporate Bond ETF (NYSEARCA:SPBO) by 23.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 332,446 shares of the company’s stock after purchasing an additional 63,452 shares during the period. SPDR Portfolio Corporate Bond ETF comprises 1.5% of Arkansas Financial Group Inc.’s holdings, making the stock its 16th largest position. Arkansas Financial Group Inc.’s holdings in SPDR Portfolio Corporate Bond ETF were worth $9,983,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in SPBO. Ashton Thomas Private Wealth LLC purchased a new stake in SPDR Portfolio Corporate Bond ETF in the second quarter worth approximately $26,000. Richardson Financial Services Inc. purchased a new stake in SPDR Portfolio Corporate Bond ETF in the 1st quarter worth $35,000. Vermillion & White Wealth Management Group LLC acquired a new position in shares of SPDR Portfolio Corporate Bond ETF in the 4th quarter worth approximately $56,000. Parallel Advisors LLC purchased a new position in shares of SPDR Portfolio Corporate Bond ETF during the second quarter worth $273,000. Finally, Eldridge Investment Advisors Inc. boosted its holdings in shares of SPDR Portfolio Corporate Bond ETF by 11.9% in the 2nd 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 in the last quarter.

SPDR Portfolio Corporate Bond ETF Stock Performance

NYSEARCA:SPBO traded down $0.15 during trading hours on Friday, reaching $29.68. 1,120,690 shares of the company were exchanged, compared to its average volume of 371,325. The stock has a 50 day simple moving average of $29.74 and a 200 day simple moving average of $29.07. SPDR Portfolio Corporate Bond ETF has a 52-week low of $26.75 and a 52-week high of $30.26.

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.