IFP Advisors Inc Cuts Stock Holdings in SPDR Portfolio Long Term Corporate Bond ETF $SPLB

IFP Advisors Inc lowered its position in shares of SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) by 22.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 204,601 shares of the company’s stock after selling 59,490 shares during the quarter. IFP Advisors Inc’s holdings in SPDR Portfolio Long Term Corporate Bond ETF were worth $4,620,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Advisory Services Network LLC bought a new position in SPDR Portfolio Long Term Corporate Bond ETF in the 3rd quarter valued at approximately $29,000. International Assets Investment Management LLC bought a new stake in shares of SPDR Portfolio Long Term Corporate Bond ETF in the 4th quarter worth $41,000. Smartleaf Asset Management LLC increased its holdings in shares of SPDR Portfolio Long Term Corporate Bond ETF by 91.6% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,372 shares of the company’s stock worth $53,000 after purchasing an additional 1,134 shares in the last quarter. Elevated Capital Advisors LLC purchased a new position in shares of SPDR Portfolio Long Term Corporate Bond ETF in the fourth quarter worth $56,000. Finally, Sound Income Strategies LLC raised its stake in shares of SPDR Portfolio Long Term Corporate Bond ETF by 97.9% in the fourth quarter. Sound Income Strategies LLC now owns 3,574 shares of the company’s stock worth $81,000 after purchasing an additional 1,768 shares during the last quarter.

SPDR Portfolio Long Term Corporate Bond ETF Stock Up 1.1%

SPDR Portfolio Long Term Corporate Bond ETF stock opened at $22.00 on Thursday. SPDR Portfolio Long Term Corporate Bond ETF has a one year low of $21.26 and a one year high of $23.59. The business’s fifty day moving average is $22.24 and its 200 day moving average is $22.60.

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.