Shares of SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB – Get Free Report) reached a new 52-week low on Monday . The stock traded as low as $21.34 and last traded at $21.35, with a volume of 2582273 shares trading hands. The stock had previously closed at $21.53.
SPDR Portfolio Long Term Corporate Bond ETF Trading Down 0.8%
The business’s 50-day simple moving average is $22.03 and its 200 day simple moving average is $22.31.
Hedge Funds Weigh In On SPDR Portfolio Long Term Corporate Bond ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. HF Advisory Group LLC raised its stake in shares of SPDR Portfolio Long Term Corporate Bond ETF by 4.5% during the 4th quarter. HF Advisory Group LLC now owns 14,961 shares of the company’s stock worth $338,000 after acquiring an additional 639 shares in the last quarter. Guidance Capital Inc. lifted its position in SPDR Portfolio Long Term Corporate Bond ETF by 4.8% during the fourth quarter. Guidance Capital Inc. now owns 18,670 shares of the company’s stock valued at $426,000 after acquiring an additional 851 shares during the last quarter. Sanctuary Advisors LLC boosted its stake in SPDR Portfolio Long Term Corporate Bond ETF by 1.9% in the fourth quarter. Sanctuary Advisors LLC now owns 49,257 shares of the company’s stock valued at $1,112,000 after acquiring an additional 901 shares in the last quarter. Smartleaf Asset Management LLC boosted its stake in SPDR Portfolio Long Term Corporate Bond ETF by 91.6% in the second quarter. Smartleaf Asset Management LLC now owns 2,372 shares of the company’s stock valued at $53,000 after acquiring an additional 1,134 shares in the last quarter. Finally, Advisory Services Network LLC purchased a new position in SPDR Portfolio Long Term Corporate Bond ETF in the third quarter worth $29,000.
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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