SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) Sees Unusually-High Trading Volume

SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) shares saw an uptick in trading volume on Friday . 1,937,064 shares were traded during trading, an increase of 145% from the previous session’s volume of 789,971 shares.The stock last traded at $22.36 and had previously closed at $22.20.

SPDR Portfolio Long Term Corporate Bond ETF Stock Up 0.9 %

The stock has a fifty day moving average of $22.67 and a 200-day moving average of $22.60.

Institutional Investors Weigh In On SPDR Portfolio Long Term Corporate Bond ETF

Hedge funds have recently made changes to their positions in the company. Westside Investment Management Inc. boosted its stake in shares of SPDR Portfolio Long Term Corporate Bond ETF by 18.9% during the 1st quarter. Westside Investment Management Inc. now owns 3,982 shares of the company’s stock valued at $93,000 after buying an additional 632 shares during the period. Transcendent Capital Group LLC acquired a new position in SPDR Portfolio Long Term Corporate Bond ETF in the 4th quarter worth about $29,000. Private Trust Co. NA raised its stake in shares of SPDR Portfolio Long Term Corporate Bond ETF by 8.3% during the 1st quarter. Private Trust Co. NA now owns 32,649 shares of the company’s stock worth $759,000 after purchasing an additional 2,500 shares in the last quarter. NYL Investors LLC lifted its holdings in shares of SPDR Portfolio Long Term Corporate Bond ETF by 0.6% during the 3rd quarter. NYL Investors LLC now owns 1,876,350 shares of the company’s stock valued at $39,854,000 after buying an additional 10,600 shares during the last quarter. Finally, Fifth Third Securities Inc. acquired a new position in SPDR Portfolio Long Term Corporate Bond ETF in the first quarter worth approximately $1,738,000.

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.