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

SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLBGet Free Report) shares saw an uptick in trading volume on Monday . 1,280,860 shares changed hands during trading, an increase of 57% from the previous session’s volume of 813,632 shares.The stock last traded at $23.35 and had previously closed at $23.50.

SPDR Portfolio Long Term Corporate Bond ETF Stock Down 0.5 %

The stock’s fifty day simple moving average is $22.83 and its 200-day simple moving average is $22.81.

Institutional Trading of SPDR Portfolio Long Term Corporate Bond ETF

Several large investors have recently added to or reduced their stakes in the company. Fifth Third Securities Inc. purchased a new stake in SPDR Portfolio Long Term Corporate Bond ETF in the first quarter valued at $1,738,000. Transcendent Capital Group LLC boosted its stake in shares of SPDR Portfolio Long Term Corporate Bond ETF by 45.2% in the first quarter. Transcendent Capital Group LLC now owns 1,750 shares of the company’s stock worth $41,000 after buying an additional 545 shares during the last quarter. Global Financial Private Client LLC purchased a new position in SPDR Portfolio Long Term Corporate Bond ETF during the first quarter valued at approximately $223,000. Westside Investment Management Inc. lifted its holdings in SPDR Portfolio Long Term Corporate Bond ETF by 18.9% in the first quarter. Westside Investment Management Inc. now owns 3,982 shares of the company’s stock valued at $93,000 after acquiring an additional 632 shares during the period. Finally, Private Trust Co. NA grew 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 during the period.

About SPDR Portfolio Long Term Corporate Bond ETF

(Get Free Report)

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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