Strategic Advocates LLC Boosts Position in SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB)

Strategic Advocates LLC raised its stake in SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) by 324.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 649,591 shares of the company’s stock after buying an additional 496,381 shares during the quarter. SPDR Portfolio Long Term Corporate Bond ETF accounts for approximately 5.6% of Strategic Advocates LLC’s holdings, making the stock its 5th biggest holding. Strategic Advocates LLC’s holdings in SPDR Portfolio Long Term Corporate Bond ETF were worth $15,694,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. RiverFront Investment Group LLC acquired a new position in shares of SPDR Portfolio Long Term Corporate Bond ETF during the second quarter valued at $502,000. Bank of New York Mellon Corp increased its holdings in shares of SPDR Portfolio Long Term Corporate Bond ETF by 7.7% during the second quarter. Bank of New York Mellon Corp now owns 165,217 shares of the company’s stock valued at $3,726,000 after purchasing an additional 11,803 shares during the period. Westside Investment Management Inc. increased its holdings in shares of SPDR Portfolio Long Term Corporate Bond ETF by 29.1% during the second quarter. Westside Investment Management Inc. now owns 5,141 shares of the company’s stock valued at $116,000 after purchasing an additional 1,159 shares during the period. Fifth Third Securities Inc. increased its holdings in shares of SPDR Portfolio Long Term Corporate Bond ETF by 22.8% during the second quarter. Fifth Third Securities Inc. now owns 91,853 shares of the company’s stock valued at $2,071,000 after purchasing an additional 17,070 shares during the period. Finally, Global Financial Private Client LLC acquired a new position in shares of SPDR Portfolio Long Term Corporate Bond ETF during the first quarter valued at $223,000.

SPDR Portfolio Long Term Corporate Bond ETF Price Performance

Shares of SPLB traded down $0.03 during trading hours on Friday, reaching $23.51. 1,198,688 shares of the company’s stock traded hands, compared to its average volume of 862,486. SPDR Portfolio Long Term Corporate Bond ETF has a twelve month low of $20.02 and a twelve month high of $24.52. The business’s fifty day simple moving average is $23.89 and its two-hundred day simple moving average is $23.09.

SPDR Portfolio Long Term Corporate Bond ETF Profile

The SPDR Portfolio Long Term Corporate Bond ETF (SPLB) is an exchange-traded fund that is based on the Bloomberg Long U.S. Corporate index. The fund tracks an index of investment-grade, fixed-rate, taxable US corporate bonds with a remaining maturity of at least 10 years. SPLB was launched on Mar 10, 2009 and is managed by State Street.