Raleigh Capital Management Inc. Buys 28,068 Shares of SPDR Portfolio Long Term Corporate Bond ETF $SPLB

Raleigh Capital Management Inc. increased its stake in shares of SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) by 3,014.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 28,999 shares of the company’s stock after acquiring an additional 28,068 shares during the quarter. Raleigh Capital Management Inc.’s holdings in SPDR Portfolio Long Term Corporate Bond ETF were worth $655,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Transce3nd LLC boosted its position in shares of SPDR Portfolio Long Term Corporate Bond ETF by 68.6% during the second quarter. Transce3nd LLC now owns 1,214 shares of the company’s stock worth $27,000 after acquiring an additional 494 shares during the last quarter. Advisory Services Network LLC bought a new position in shares of SPDR Portfolio Long Term Corporate Bond ETF during the third quarter worth $29,000. Smartleaf Asset Management LLC boosted its position in shares of 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. Sound Income Strategies LLC boosted its position in shares of SPDR Portfolio Long Term Corporate Bond ETF by 97.9% during the fourth quarter. Sound Income Strategies LLC now owns 3,574 shares of the company’s stock worth $81,000 after acquiring an additional 1,768 shares during the last quarter. Finally, Triumph Capital Management bought a new position in shares of SPDR Portfolio Long Term Corporate Bond ETF during the third quarter worth $84,000.

SPDR Portfolio Long Term Corporate Bond ETF Stock Performance

Shares of NYSEARCA:SPLB opened at $22.29 on Tuesday. The firm has a fifty day moving average price of $22.56 and a 200 day moving average price of $22.80. SPDR Portfolio Long Term Corporate Bond ETF has a fifty-two week low of $21.01 and a fifty-two week high of $23.59.

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.