IFP Advisors Inc Trims Stake in SPDR Portfolio Long Term Corporate Bond ETF $SPLB

IFP Advisors Inc lowered its stake in shares of SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) by 22.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 204,601 shares of the company’s stock after selling 59,490 shares during the quarter. IFP Advisors Inc owned about 0.38% of SPDR Portfolio Long Term Corporate Bond ETF worth $4,620,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Austin Private Wealth LLC bought a new stake in shares of SPDR Portfolio Long Term Corporate Bond ETF in the 4th quarter worth approximately $1,449,000. Assetmark Inc. increased its position in SPDR Portfolio Long Term Corporate Bond ETF by 231.9% during the 4th quarter. Assetmark Inc. now owns 221,120 shares of the company’s stock valued at $4,993,000 after buying an additional 154,493 shares in the last quarter. Farther Finance Advisors LLC increased its position in SPDR Portfolio Long Term Corporate Bond ETF by 399.7% during the 4th quarter. Farther Finance Advisors LLC now owns 34,753 shares of the company’s stock valued at $785,000 after buying an additional 27,798 shares in the last quarter. RMG Wealth Management LLC raised its stake in SPDR Portfolio Long Term Corporate Bond ETF by 6.3% during the third quarter. RMG Wealth Management LLC now owns 2,228,596 shares of the company’s stock valued at $52,227,000 after buying an additional 131,149 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its stake in SPDR Portfolio Long Term Corporate Bond ETF by 4.1% during the fourth quarter. Thrivent Financial for Lutherans now owns 1,038,108 shares of the company’s stock valued at $23,575,000 after buying an additional 40,937 shares during the last quarter.

SPDR Portfolio Long Term Corporate Bond ETF Price Performance

SPDR Portfolio Long Term Corporate Bond ETF stock opened at $22.00 on Thursday. SPDR Portfolio Long Term Corporate Bond ETF has a 12 month low of $21.26 and a 12 month high of $23.59. The business’s fifty day simple moving average is $22.24 and its two-hundred day simple moving average is $22.60.

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.