SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB – Get Free Report) saw a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 272,151 shares, a decrease of 34.3% from the February 26th total of 414,073 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 6,011,962 shares, the short-interest ratio is presently 0.0 days.
SPDR Portfolio Long Term Corporate Bond ETF Trading Up 1.0%
NYSEARCA:SPLB traded up $0.22 during trading hours on Monday, reaching $22.05. The company had a trading volume of 5,244,423 shares, compared to its average volume of 4,971,042. The firm’s 50 day moving average price is $22.61 and its 200-day moving average price is $22.84. SPDR Portfolio Long Term Corporate Bond ETF has a 52 week low of $21.01 and a 52 week high of $23.59.
SPDR Portfolio Long Term Corporate Bond ETF Cuts Dividend
The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a $0.1005 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 5.5%.
Institutional Investors Weigh In On SPDR Portfolio Long Term Corporate Bond ETF
SPDR Portfolio Long Term Corporate Bond ETF Company 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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