Envestnet Portfolio Solutions Inc. Acquires Shares of 383,504 SPDR Portfolio Long Term Corporate Bond ETF $SPLB

Envestnet Portfolio Solutions Inc. acquired a new stake in SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 383,504 shares of the company’s stock, valued at approximately $8,660,000. Envestnet Portfolio Solutions Inc. owned approximately 0.71% of SPDR Portfolio Long Term Corporate Bond ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPLB. Advisory Services Network LLC purchased a new position in SPDR Portfolio Long Term Corporate Bond ETF in the 3rd quarter valued at $29,000. International Assets Investment Management LLC purchased a new position in SPDR Portfolio Long Term Corporate Bond ETF in the 4th quarter valued at $41,000. Smartleaf Asset Management LLC lifted its holdings in SPDR Portfolio Long Term Corporate Bond ETF by 91.6% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,372 shares of the company’s stock valued at $53,000 after purchasing an additional 1,134 shares in the last quarter. Elevated Capital Advisors LLC purchased a new position in SPDR Portfolio Long Term Corporate Bond ETF in the 4th quarter valued at $56,000. Finally, Sound Income Strategies LLC lifted its holdings in SPDR Portfolio Long Term Corporate Bond ETF by 97.9% in the 4th quarter. Sound Income Strategies LLC now owns 3,574 shares of the company’s stock valued at $81,000 after purchasing an additional 1,768 shares in the last quarter.

SPDR Portfolio Long Term Corporate Bond ETF Stock Performance

Shares of SPLB stock opened at $22.00 on Thursday. The stock’s fifty day moving average is $22.24 and its two-hundred day moving average is $22.60. SPDR Portfolio Long Term Corporate Bond ETF has a fifty-two week low of $21.26 and a fifty-two week high of $23.59.

About SPDR Portfolio Long Term Corporate Bond ETF

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.