Private Trust Co. NA Reduces Stake in SPDR Portfolio Long Term Corporate Bond ETF $SPLB

Private Trust Co. NA trimmed its stake in SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) by 60.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,092 shares of the company’s stock after selling 12,610 shares during the quarter. Private Trust Co. NA’s holdings in SPDR Portfolio Long Term Corporate Bond ETF were worth $183,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its stake in SPDR Portfolio Long Term Corporate Bond ETF by 10.6% in the second quarter. Farther Finance Advisors LLC now owns 7,621 shares of the company’s stock valued at $172,000 after acquiring an additional 729 shares during the last quarter. Raleigh Capital Management Inc. raised its stake in shares of SPDR Portfolio Long Term Corporate Bond ETF by 12.0% in the second quarter. Raleigh Capital Management Inc. now owns 95,032 shares of the company’s stock valued at $2,145,000 after buying an additional 10,203 shares during the period. Bank of New York Mellon Corp raised its stake in shares of SPDR Portfolio Long Term Corporate Bond ETF by 7.2% in the first quarter. Bank of New York Mellon Corp now owns 280,992 shares of the company’s stock valued at $6,342,000 after buying an additional 18,798 shares during the period. Harbour Investments Inc. raised its stake in shares of SPDR Portfolio Long Term Corporate Bond ETF by 22.6% in the second quarter. Harbour Investments Inc. now owns 64,527 shares of the company’s stock valued at $1,456,000 after buying an additional 11,915 shares during the period. Finally, Iams Wealth Management LLC raised its stake in shares of SPDR Portfolio Long Term Corporate Bond ETF by 27.9% in the second quarter. Iams Wealth Management LLC now owns 18,024 shares of the company’s stock valued at $407,000 after buying an additional 3,932 shares during the period.

SPDR Portfolio Long Term Corporate Bond ETF Stock Performance

Shares of SPLB opened at $23.49 on Wednesday. SPDR Portfolio Long Term Corporate Bond ETF has a 1 year low of $21.01 and a 1 year high of $23.63. The stock’s fifty day moving average price is $22.97 and its two-hundred day moving average price is $22.38.

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.