SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB – Get Free Report) saw strong trading volume on Wednesday . 6,640,307 shares were traded during mid-day trading, an increase of 436% from the previous session’s volume of 1,238,358 shares.The stock last traded at $22.12 and had previously closed at $22.37.
SPDR Portfolio Long Term Corporate Bond ETF Price Performance
The stock’s 50-day moving average price is $22.46 and its 200 day moving average price is $23.15.
Institutional Trading of SPDR Portfolio Long Term Corporate Bond ETF
Several institutional investors have recently added to or reduced their stakes in SPLB. Avior Wealth Management LLC acquired a new position in shares of SPDR Portfolio Long Term Corporate Bond ETF in the fourth quarter valued at approximately $36,000. Transcendent Capital Group LLC grew its holdings in SPDR Portfolio Long Term Corporate Bond ETF by 130.0% during the third quarter. Transcendent Capital Group LLC now owns 4,071 shares of the company’s stock worth $98,000 after acquiring an additional 2,301 shares during the period. SBI Securities Co. Ltd. purchased a new position in SPDR Portfolio Long Term Corporate Bond ETF in the fourth quarter worth $135,000. Westside Investment Management Inc. boosted its position in shares of SPDR Portfolio Long Term Corporate Bond ETF by 63.8% during the 3rd quarter. Westside Investment Management Inc. now owns 8,423 shares of the company’s stock worth $204,000 after purchasing an additional 3,282 shares in the last quarter. Finally, Global Financial Private Client LLC boosted its holdings in SPDR Portfolio Long Term Corporate Bond ETF by 7.9% during the fourth quarter. Global Financial Private Client LLC now owns 10,577 shares of the company’s stock worth $235,000 after buying an additional 777 shares in 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.
Further Reading
- Five stocks we like better than SPDR Portfolio Long Term Corporate Bond ETF
- Consumer Discretionary Stocks Explained
- 3 Reasons Micron Stock Is Deeply Undervalued Right Now
- Mastering Discipline: Overcoming Emotional Challenges In Trading
- Inflation Persists, But So Do Stock Opportunities: Rally On
- Most active stocks: Dollar volume vs share volume
- Energy Transfer Fuels the Cloud: A Natural Gas Power Play
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.
