Valmark Advisers Inc. Lowers Stock Holdings in SPDR Portfolio Long Term Corporate Bond ETF $SPLB

Valmark Advisers Inc. trimmed its stake in SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) by 3.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,565 shares of the company’s stock after selling 453 shares during the period. Valmark Advisers Inc.’s holdings in SPDR Portfolio Long Term Corporate Bond ETF were worth $261,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

SPDR Portfolio Long Term Corporate Bond ETF Trading Up 0.5%

NYSEARCA SPLB opened at $23.11 on Friday. The company has a 50 day moving average price of $22.86 and a 200 day moving average price of $22.34. SPDR Portfolio Long Term Corporate Bond ETF has a 52 week low of $21.01 and a 52 week high of $23.84.

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.