SPDR Portfolio Long Term Corporate Bond ETF $SPLB Stake Lowered by Capstone Wealth Management Group LLC

Capstone Wealth Management Group LLC lowered its stake in shares of SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) by 31.7% during the third quarter, Holdings Channel reports. The institutional investor owned 53,885 shares of the company’s stock after selling 25,014 shares during the period. Capstone Wealth Management Group LLC’s holdings in SPDR Portfolio Long Term Corporate Bond ETF were worth $1,098,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. International Private Wealth Advisors LLC increased its holdings in SPDR Portfolio Long Term Corporate Bond ETF by 36.8% in the third quarter. International Private Wealth Advisors LLC now owns 26,291 shares of the company’s stock valued at $536,000 after buying an additional 7,067 shares in the last quarter. StoneX Group Inc. purchased a new stake in shares of SPDR Portfolio Long Term Corporate Bond ETF during the 3rd quarter worth approximately $449,000. Kestra Advisory Services LLC boosted its stake in shares of SPDR Portfolio Long Term Corporate Bond ETF by 18.7% during the 3rd quarter. Kestra Advisory Services LLC now owns 20,920 shares of the company’s stock worth $426,000 after acquiring an additional 3,301 shares in the last quarter. Valtinson Bruner Financial Planning LLC purchased a new stake in shares of SPDR Portfolio Long Term Corporate Bond ETF during the 3rd quarter worth approximately $309,000. Finally, Commonwealth Equity Services LLC purchased a new stake in shares of SPDR Portfolio Long Term Corporate Bond ETF during the 3rd quarter worth approximately $275,000.

SPDR Portfolio Long Term Corporate Bond ETF Stock Performance

SPLB opened at $20.96 on Thursday. The stock’s 50 day simple moving average is $20.87 and its 200 day simple moving average is $21.86. SPDR Portfolio Long Term Corporate Bond ETF has a 1-year low of $20.09 and a 1-year high of $23.20.

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.