SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB – Get Free Report) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $21.40 and last traded at $21.45, with a volume of 2604551 shares traded. The stock had previously closed at $21.67.
SPDR Portfolio Long Term Corporate Bond ETF Stock Performance
The business’s 50 day simple moving average is $22.15 and its two-hundred day simple moving average is $22.38.
Hedge Funds Weigh In On SPDR Portfolio Long Term Corporate Bond ETF
Hedge funds have recently added to or reduced their stakes in the company. State Street Corp raised its position in SPDR Portfolio Long Term Corporate Bond ETF by 265.4% in the 4th quarter. State Street Corp now owns 3,231,031 shares of the company’s stock worth $72,957,000 after buying an additional 2,346,749 shares during the last quarter. Sona Asset Management US LLC purchased a new position in shares of SPDR Portfolio Long Term Corporate Bond ETF during the first quarter valued at approximately $52,106,000. Cetera Investment Advisers lifted its holdings in shares of SPDR Portfolio Long Term Corporate Bond ETF by 303.0% during the 1st quarter. Cetera Investment Advisers now owns 518,888 shares of the company’s stock valued at $11,530,000 after buying an additional 390,127 shares during the period. Envestnet Portfolio Solutions Inc. bought a new stake in shares of SPDR Portfolio Long Term Corporate Bond ETF in the fourth quarter worth $8,660,000. Finally, LPL Financial LLC increased its position in SPDR Portfolio Long Term Corporate Bond ETF by 17.1% during the fourth quarter. LPL Financial LLC now owns 2,402,379 shares of the company’s stock valued at $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.
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