SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) Shares Sold by Ameriprise Financial Inc.

Ameriprise Financial Inc. lessened its holdings in shares of SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) by 17.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 273,787 shares of the company’s stock after selling 58,129 shares during the period. Ameriprise Financial Inc. owned 0.81% of SPDR Portfolio Long Term Corporate Bond ETF worth $6,086,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in SPLB. Graney & King LLC acquired a new position in SPDR Portfolio Long Term Corporate Bond ETF in the fourth quarter valued at $3,019,000. Strategic Advocates LLC increased its holdings in shares of SPDR Portfolio Long Term Corporate Bond ETF by 16.4% in the fourth quarter. Strategic Advocates LLC now owns 756,287 shares of the company’s stock valued at $16,812,000 after purchasing an additional 106,696 shares during the period. Jones Financial Companies Lllp increased its holdings in shares of SPDR Portfolio Long Term Corporate Bond ETF by 507.7% in the fourth quarter. Jones Financial Companies Lllp now owns 22,419 shares of the company’s stock valued at $498,000 after purchasing an additional 18,730 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of SPDR Portfolio Long Term Corporate Bond ETF by 11.5% in the fourth quarter. JPMorgan Chase & Co. now owns 143,507 shares of the company’s stock valued at $3,190,000 after purchasing an additional 14,818 shares during the period. Finally, Concourse Financial Group Securities Inc. increased its holdings in shares of SPDR Portfolio Long Term Corporate Bond ETF by 177.8% in the fourth quarter. Concourse Financial Group Securities Inc. now owns 12,307 shares of the company’s stock valued at $275,000 after purchasing an additional 7,877 shares during the period.

SPDR Portfolio Long Term Corporate Bond ETF Price Performance

NYSEARCA:SPLB opened at $21.53 on Friday. The stock’s 50 day simple moving average is $22.00 and its 200-day simple moving average is $22.41. SPDR Portfolio Long Term Corporate Bond ETF has a 12-month low of $21.01 and a 12-month high of $24.53.

SPDR Portfolio Long Term Corporate Bond ETF 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.