SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) Reaches New 52-Week High at $24.24

Shares of SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) hit a new 52-week high on Friday . The company traded as high as $24.24 and last traded at $24.24, with a volume of 29639 shares traded. The stock had previously closed at $24.17.

SPDR Portfolio Long Term Corporate Bond ETF Trading Up 0.3 %

The business has a 50-day moving average of $23.43 and a two-hundred day moving average of $22.94.

Institutional Investors Weigh In On SPDR Portfolio Long Term Corporate Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. RiverFront Investment Group LLC bought a new stake in SPDR Portfolio Long Term Corporate Bond ETF during the 2nd quarter worth $502,000. Bank of New York Mellon Corp lifted its holdings in SPDR Portfolio Long Term Corporate Bond ETF by 7.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 165,217 shares of the company’s stock worth $3,726,000 after buying an additional 11,803 shares during the period. Westside Investment Management Inc. lifted its holdings in SPDR Portfolio Long Term Corporate Bond ETF by 29.1% during the 2nd quarter. Westside Investment Management Inc. now owns 5,141 shares of the company’s stock worth $116,000 after buying an additional 1,159 shares during the period. Fifth Third Securities Inc. lifted its holdings in SPDR Portfolio Long Term Corporate Bond ETF by 22.8% during the 2nd quarter. Fifth Third Securities Inc. now owns 91,853 shares of the company’s stock worth $2,071,000 after buying an additional 17,070 shares during the period. Finally, Strategic Advocates LLC acquired a new position in SPDR Portfolio Long Term Corporate Bond ETF during the 2nd quarter worth about $3,455,000.

SPDR Portfolio Long Term Corporate Bond ETF Company Profile

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.