Rockland Trust Co. increased its position in shares of SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB – Free Report) by 4.7% during the second quarter, HoldingsChannel reports. The institutional investor owned 2,029,619 shares of the company’s stock after buying an additional 90,227 shares during the quarter. SPDR Portfolio Long Term Corporate Bond ETF accounts for about 1.8% of Rockland Trust Co.’s holdings, making the stock its 14th biggest position. Rockland Trust Co.’s holdings in SPDR Portfolio Long Term Corporate Bond ETF were worth $45,463,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Advisory Services Network LLC purchased a new position in shares of SPDR Portfolio Long Term Corporate Bond ETF during the third quarter worth approximately $29,000. Fifth Third Bancorp acquired a new stake in SPDR Portfolio Long Term Corporate Bond ETF during the 1st quarter worth $31,000. Richard W. Paul & Associates LLC increased its stake in SPDR Portfolio Long Term Corporate Bond ETF by 373.4% in the fourth quarter. Richard W. Paul & Associates LLC now owns 1,671 shares of the company’s stock valued at $38,000 after purchasing an additional 1,318 shares during the period. International Assets Investment Management LLC purchased a new stake in shares of SPDR Portfolio Long Term Corporate Bond ETF in the fourth quarter valued at about $41,000. Finally, Smartleaf Asset Management LLC raised its holdings in shares of 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 buying an additional 1,134 shares during the last quarter.
SPDR Portfolio Long Term Corporate Bond ETF Trading Up 0.2%
Shares of SPLB opened at $21.53 on Friday. SPDR Portfolio Long Term Corporate Bond ETF has a fifty-two week low of $21.34 and a fifty-two week high of $23.59. The firm has a 50-day simple moving average of $22.03 and a 200-day simple moving average of $22.31.
SPDR Portfolio Long Term Corporate Bond ETF 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.
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Want to see what other hedge funds are holding SPLB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB – Free Report).
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