Thrivent Financial for Lutherans Makes New Investment in SPDR Portfolio Long Term Corporate Bond ETF $SPLB

Thrivent Financial for Lutherans bought a new stake in shares of SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 997,171 shares of the company’s stock, valued at approximately $23,055,000. Thrivent Financial for Lutherans owned 2.45% of SPDR Portfolio Long Term Corporate Bond ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Transce3nd LLC boosted its position in SPDR Portfolio Long Term Corporate Bond ETF by 68.6% during the second quarter. Transce3nd LLC now owns 1,214 shares of the company’s stock worth $27,000 after purchasing an additional 494 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in shares of SPDR Portfolio Long Term Corporate Bond ETF by 91.6% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,372 shares of the company’s stock worth $53,000 after buying an additional 1,134 shares during the period. Creative Financial Designs Inc. ADV lifted its position in shares of SPDR Portfolio Long Term Corporate Bond ETF by 36.7% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 2,617 shares of the company’s stock valued at $59,000 after buying an additional 703 shares in the last quarter. SBI Securities Co. Ltd. grew its stake in SPDR Portfolio Long Term Corporate Bond ETF by 8.5% in the 2nd quarter. SBI Securities Co. Ltd. now owns 6,343 shares of the company’s stock valued at $143,000 after acquiring an additional 499 shares during the period. Finally, Focus Partners Advisor Solutions LLC purchased a new stake in SPDR Portfolio Long Term Corporate Bond ETF in the 2nd quarter worth $209,000.

SPDR Portfolio Long Term Corporate Bond ETF Stock Performance

NYSEARCA:SPLB opened at $22.57 on Wednesday. SPDR Portfolio Long Term Corporate Bond ETF has a fifty-two week low of $21.01 and a fifty-two week high of $23.59. The company has a fifty day moving average of $22.75 and a two-hundred day moving average of $22.84.

SPDR Portfolio Long Term Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, February 5th. Investors of record on Monday, February 2nd will be given a dividend of $0.103 per share. This is a boost from SPDR Portfolio Long Term Corporate Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date is Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 5.5%.

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.