SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB – Get Free Report) was the recipient of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 728,557 shares, a decrease of 33.5% from the July 30th total of 1,095,031 shares. Approximately 1.3% of the company’s stock are sold short. Based on an average daily trading volume, of 2,760,695 shares, the short-interest ratio is currently 0.3 days.
SPDR Portfolio Long Term Corporate Bond ETF Trading Up 0.1%
Shares of NYSEARCA:SPLB traded up $0.03 during trading on Wednesday, reaching $21.26. 313,926 shares of the stock traded hands, compared to its average volume of 3,805,172. The stock has a 50-day moving average of $21.72 and a two-hundred day moving average of $22.15. SPDR Portfolio Long Term Corporate Bond ETF has a 52-week low of $21.13 and a 52-week high of $23.59.
Institutional Trading of SPDR Portfolio Long Term Corporate Bond ETF
Several institutional investors have recently added to or reduced their stakes in SPLB. Van Strum & Towne Inc. boosted its position in shares of SPDR Portfolio Long Term Corporate Bond ETF by 11.2% during the fourth quarter. Van Strum & Towne Inc. now owns 266,938 shares of the company’s stock valued at $6,027,000 after buying an additional 26,850 shares during the last quarter. SHP Wealth Management purchased a new position in SPDR Portfolio Long Term Corporate Bond ETF in the 4th quarter worth about $1,047,000. Thrivent Financial for Lutherans raised its position in SPDR Portfolio Long Term Corporate Bond ETF by 4.1% in the 4th quarter. Thrivent Financial for Lutherans now owns 1,038,108 shares of the company’s stock worth $23,575,000 after buying an additional 40,937 shares during the last quarter. Econ Financial Services Corp bought a new position in SPDR Portfolio Long Term Corporate Bond ETF during the 1st quarter valued at about $5,343,000. Finally, Sanctuary Advisors LLC lifted its stake in SPDR Portfolio Long Term Corporate Bond ETF by 64.1% during the 1st quarter. Sanctuary Advisors LLC now owns 80,815 shares of the company’s stock valued at $1,796,000 after acquiring an additional 31,558 shares during the period.
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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