Novem Group Increases Holdings in SPDR Portfolio Long Term Corporate Bond ETF $SPLB

Novem Group increased its stake in shares of SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) by 9.2% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 50,538 shares of the company’s stock after purchasing an additional 4,265 shares during the period. Novem Group owned 0.09% of SPDR Portfolio Long Term Corporate Bond ETF worth $1,141,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in SPLB. Creative Financial Designs Inc. ADV increased its position in shares of SPDR Portfolio Long Term Corporate Bond ETF by 290.6% during the first quarter. Creative Financial Designs Inc. ADV now owns 1,914 shares of the company’s stock valued at $43,000 after buying an additional 1,424 shares during the period. Farther Finance Advisors LLC grew its stake in SPDR Portfolio Long Term Corporate Bond ETF by 689,100.0% during the first quarter. Farther Finance Advisors LLC now owns 6,892 shares of the company’s stock valued at $156,000 after acquiring an additional 6,891 shares in the last quarter. City Center Advisors LLC increased its holdings in SPDR Portfolio Long Term Corporate Bond ETF by 10.6% during the 2nd quarter. City Center Advisors LLC now owns 15,541 shares of the company’s stock worth $351,000 after acquiring an additional 1,492 shares during the period. Balefire LLC bought a new stake in SPDR Portfolio Long Term Corporate Bond ETF during the 2nd quarter worth approximately $398,000. Finally, Iams Wealth Management LLC lifted its stake in SPDR Portfolio Long Term Corporate Bond ETF by 27.9% in the 2nd quarter. Iams Wealth Management LLC now owns 18,024 shares of the company’s stock worth $407,000 after purchasing an additional 3,932 shares in the last quarter.

SPDR Portfolio Long Term Corporate Bond ETF Stock Performance

SPLB opened at $22.99 on Friday. The company has a fifty day moving average price of $22.69 and a 200-day moving average price of $22.30. SPDR Portfolio Long Term Corporate Bond ETF has a one year low of $21.01 and a one year high of $24.28.

About SPDR Portfolio Long Term Corporate Bond ETF

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.