PFG Advisors Increases Stock Position in SPDR Portfolio Long Term Corporate Bond ETF $SPLB

PFG Advisors lifted its position in shares of SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) by 9.3% in the third quarter, HoldingsChannel reports. The institutional investor owned 381,518 shares of the company’s stock after purchasing an additional 32,588 shares during the period. PFG Advisors’ holdings in SPDR Portfolio Long Term Corporate Bond ETF were worth $8,821,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Transce3nd LLC boosted its holdings in SPDR Portfolio Long Term Corporate Bond ETF by 68.6% in the second quarter. Transce3nd LLC now owns 1,214 shares of the company’s stock valued at $27,000 after acquiring an additional 494 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in SPDR Portfolio Long Term Corporate Bond ETF by 91.6% during the second quarter. Smartleaf Asset Management LLC now owns 2,372 shares of the company’s stock worth $53,000 after acquiring an additional 1,134 shares during the last quarter. Creative Financial Designs Inc. ADV increased its stake in SPDR Portfolio Long Term Corporate Bond ETF by 57.8% during the third quarter. Creative Financial Designs Inc. ADV now owns 4,129 shares of the company’s stock worth $95,000 after acquiring an additional 1,512 shares during the last quarter. MAI Capital Management purchased a new position in shares of SPDR Portfolio Long Term Corporate Bond ETF in the 3rd quarter worth about $117,000. Finally, SBI Securities Co. Ltd. raised its holdings in shares of SPDR Portfolio Long Term Corporate Bond ETF by 8.5% in the 2nd quarter. SBI Securities Co. Ltd. now owns 6,343 shares of the company’s stock worth $143,000 after purchasing an additional 499 shares during the period.

SPDR Portfolio Long Term Corporate Bond ETF Stock Down 0.5%

NYSEARCA SPLB opened at $22.56 on Monday. SPDR Portfolio Long Term Corporate Bond ETF has a 1-year low of $21.01 and a 1-year high of $23.59. The business’s 50-day simple moving average is $22.79 and its 200-day simple moving average is $22.90.

SPDR Portfolio Long Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a $0.1005 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 5.3%.

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.