RiverFront Investment Group LLC Invests $502,000 in SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB)

RiverFront Investment Group LLC bought a new stake in SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 22,246 shares of the company’s stock, valued at approximately $502,000. RiverFront Investment Group LLC owned approximately 0.07% of SPDR Portfolio Long Term Corporate Bond ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of the stock. Transcendent Capital Group LLC lifted its position in shares of SPDR Portfolio Long Term Corporate Bond ETF by 45.2% in the first quarter. Transcendent Capital Group LLC now owns 1,750 shares of the company’s stock valued at $41,000 after acquiring an additional 545 shares in the last quarter. Fifth Third Securities Inc. acquired a new stake in shares of SPDR Portfolio Long Term Corporate Bond ETF during the 1st quarter worth about $1,738,000. Bank of New York Mellon Corp boosted its stake in shares of 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 purchasing an additional 11,803 shares during the last quarter. Global Financial Private Client LLC purchased a new stake in shares of SPDR Portfolio Long Term Corporate Bond ETF during the first quarter worth about $223,000. Finally, Westside Investment Management Inc. boosted its position in SPDR Portfolio Long Term Corporate Bond ETF by 18.9% during the first quarter. Westside Investment Management Inc. now owns 3,982 shares of the company’s stock worth $93,000 after acquiring an additional 632 shares during the last quarter.

SPDR Portfolio Long Term Corporate Bond ETF Price Performance

Shares of SPDR Portfolio Long Term Corporate Bond ETF stock opened at $24.22 on Wednesday. SPDR Portfolio Long Term Corporate Bond ETF has a fifty-two week low of $20.02 and a fifty-two week high of $24.52. The business’s fifty day moving average is $23.74 and its two-hundred day moving average is $23.04.

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.