Shares of SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB – Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 3,085,128 shares changed hands during mid-day trading, an increase of 172% from the previous session’s volume of 1,134,528 shares.The stock last traded at $22.74 and had previously closed at $22.78.
SPDR Portfolio Long Term Corporate Bond ETF Price Performance
The business’s 50-day moving average is $22.50 and its 200 day moving average is $22.98.
Institutional Trading of SPDR Portfolio Long Term Corporate Bond ETF
A number of large investors have recently made changes to their positions in the company. Avior Wealth Management LLC purchased a new position in shares of SPDR Portfolio Long Term Corporate Bond ETF in the 4th quarter valued at about $36,000. SBI Securities Co. Ltd. purchased a new position in SPDR Portfolio Long Term Corporate Bond ETF in the fourth quarter valued at approximately $135,000. Westside Investment Management Inc. raised its holdings in SPDR Portfolio Long Term Corporate Bond ETF by 63.8% during the third 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. Global Financial Private Client LLC lifted its position in shares of SPDR Portfolio Long Term Corporate Bond ETF by 7.9% during the 4th 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 during the last quarter. Finally, Concourse Financial Group Securities Inc. lifted its position in shares of SPDR Portfolio Long Term Corporate Bond ETF by 177.8% during the 4th quarter. Concourse Financial Group Securities Inc. now owns 12,307 shares of the company’s stock worth $275,000 after buying an additional 7,877 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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