Transcendent Capital Group LLC Cuts Position in SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB)

Transcendent Capital Group LLC reduced its position in shares of SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) by 56.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,762 shares of the company’s stock after selling 2,309 shares during the period. Transcendent Capital Group LLC’s holdings in SPDR Portfolio Long Term Corporate Bond ETF were worth $39,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. BNP Paribas Financial Markets acquired a new position in shares of SPDR Portfolio Long Term Corporate Bond ETF in the third quarter valued at approximately $3,240,000. Strategic Advocates LLC boosted its position in SPDR Portfolio Long Term Corporate Bond ETF by 16.4% in the 4th quarter. Strategic Advocates LLC now owns 756,287 shares of the company’s stock valued at $16,812,000 after buying an additional 106,696 shares during the period. JPMorgan Chase & Co. grew its stake in shares of SPDR Portfolio Long Term Corporate Bond ETF by 27.7% in the third quarter. JPMorgan Chase & Co. now owns 128,689 shares of the company’s stock worth $3,109,000 after acquiring an additional 27,936 shares in the last quarter. Private Trust Co. NA increased its position in shares of SPDR Portfolio Long Term Corporate Bond ETF by 30.1% during the third quarter. Private Trust Co. NA now owns 32,723 shares of the company’s stock worth $791,000 after acquiring an additional 7,574 shares during the period. Finally, Westside Investment Management Inc. increased its position in shares of SPDR Portfolio Long Term Corporate Bond ETF by 88.6% during the fourth quarter. Westside Investment Management Inc. now owns 15,887 shares of the company’s stock worth $353,000 after acquiring an additional 7,464 shares during the period.

SPDR Portfolio Long Term Corporate Bond ETF Trading Up 1.2 %

NYSEARCA:SPLB opened at $22.97 on Wednesday. SPDR Portfolio Long Term Corporate Bond ETF has a 12-month low of $21.66 and a 12-month high of $24.52. The stock has a fifty day moving average price of $22.32 and a 200 day moving average price of $23.10.

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.