SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB – Get Free Report) reached a new 52-week low on Thursday . The stock traded as low as $21.09 and last traded at $21.0950, with a volume of 146856 shares trading hands. The stock had previously closed at $21.27.
SPDR Portfolio Long Term Corporate Bond ETF Trading Down 0.8%
The firm has a 50-day simple moving average of $21.58 and a 200 day simple moving average of $22.08.
Institutional Investors Weigh In On SPDR Portfolio Long Term Corporate Bond ETF
Several hedge funds have recently bought and sold shares of the business. State Street Corp increased its position in SPDR Portfolio Long Term Corporate Bond ETF by 265.4% during the 4th quarter. State Street Corp now owns 3,231,031 shares of the company’s stock valued at $72,957,000 after buying an additional 2,346,749 shares in the last quarter. Sona Asset Management US LLC purchased a new position in SPDR Portfolio Long Term Corporate Bond ETF during the first quarter valued at $52,106,000. Cetera Investment Advisers boosted its holdings in SPDR Portfolio Long Term Corporate Bond ETF by 303.0% in the first quarter. Cetera Investment Advisers now owns 518,888 shares of the company’s stock worth $11,530,000 after acquiring an additional 390,127 shares in the last quarter. Envestnet Portfolio Solutions Inc. bought a new stake in SPDR Portfolio Long Term Corporate Bond ETF in the fourth quarter worth $8,660,000. Finally, LPL Financial LLC grew its stake in shares of SPDR Portfolio Long Term Corporate Bond ETF by 17.1% in the fourth quarter. LPL Financial LLC now owns 2,402,379 shares of the company’s stock worth $54,246,000 after acquiring an additional 351,072 shares during the last quarter.
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.
Recommended Stories
- Five stocks we like better than SPDR Portfolio Long Term Corporate Bond ETF
- Insider Sales Eclipse $450M Across 3 AI Winners, With NVIDIA Leading the Pack
- GameStop’s Comeback Case Is Getting Interesting, But eBay Still Looks Stronger
- Why Braze’s Guidance Miss May Be a Gift for Investors
- This Corner of the Market Is Outperforming the Benchmark—And It’s Not AI
Receive News & Ratings for SPDR Portfolio Long Term Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Long Term Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
