SHP Wealth Management Buys New Shares in SPDR Portfolio Long Term Corporate Bond ETF $SPLB

SHP Wealth Management purchased a new stake in SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 46,379 shares of the company’s stock, valued at approximately $1,047,000.

A number of other hedge funds have also recently bought and sold shares of the stock. State Street Corp grew its position in SPDR Portfolio Long Term Corporate Bond ETF by 265.4% in the 4th quarter. State Street Corp now owns 3,231,031 shares of the company’s stock worth $72,957,000 after purchasing an additional 2,346,749 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new stake in shares of SPDR Portfolio Long Term Corporate Bond ETF in the fourth quarter valued at about $8,660,000. LPL Financial LLC grew its position in SPDR Portfolio Long Term Corporate Bond ETF by 17.1% during the fourth quarter. LPL Financial LLC now owns 2,402,379 shares of the company’s stock worth $54,246,000 after buying an additional 351,072 shares in the last quarter. Passumpsic Savings Bank acquired a new stake in SPDR Portfolio Long Term Corporate Bond ETF during the fourth quarter worth about $7,353,000. Finally, Assetmark Inc. grew its position in SPDR Portfolio Long Term Corporate Bond ETF by 231.9% during the fourth quarter. Assetmark Inc. now owns 221,120 shares of the company’s stock worth $4,993,000 after buying an additional 154,493 shares in the last quarter.

SPDR Portfolio Long Term Corporate Bond ETF Stock Performance

Shares of SPLB opened at $22.45 on Friday. The stock’s 50-day moving average price is $22.30 and its 200 day moving average price is $22.51. SPDR Portfolio Long Term Corporate Bond ETF has a 12-month low of $21.69 and a 12-month high of $23.59.

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.