Envestnet Asset Management Inc. Lowers Position in SPDR Portfolio Long Term Corporate Bond ETF $SPLB

Envestnet Asset Management Inc. reduced its stake in shares of SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) by 48.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 708,551 shares of the company’s stock after selling 657,811 shares during the quarter. Envestnet Asset Management Inc. owned 1.74% of SPDR Portfolio Long Term Corporate Bond ETF worth $16,382,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Transce3nd LLC increased its holdings in shares of SPDR Portfolio Long Term Corporate Bond ETF by 68.6% in the 2nd quarter. Transce3nd LLC now owns 1,214 shares of the company’s stock worth $27,000 after acquiring an additional 494 shares during the period. Smartleaf Asset Management LLC grew its position 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 worth $53,000 after purchasing an additional 1,134 shares during the last quarter. Creative Financial Designs Inc. ADV increased its stake in shares of SPDR Portfolio Long Term Corporate Bond ETF by 36.7% in the second quarter. Creative Financial Designs Inc. ADV now owns 2,617 shares of the company’s stock valued at $59,000 after purchasing an additional 703 shares during the period. SBI Securities Co. Ltd. raised its holdings in shares of SPDR Portfolio Long Term Corporate Bond ETF by 8.5% during the second quarter. SBI Securities Co. Ltd. now owns 6,343 shares of the company’s stock valued at $143,000 after buying an additional 499 shares during the last quarter. Finally, Focus Partners Advisor Solutions LLC bought a new stake in shares of SPDR Portfolio Long Term Corporate Bond ETF during the second quarter valued at approximately $209,000.

SPDR Portfolio Long Term Corporate Bond ETF Price Performance

SPLB opened at $23.01 on Monday. The stock’s fifty day moving average is $22.72 and its 200-day moving average is $22.86. SPDR Portfolio Long Term Corporate Bond ETF has a one year low of $21.01 and a one year high of $23.59.

SPDR Portfolio Long Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a $0.103 dividend. This is an increase from SPDR Portfolio Long Term Corporate Bond ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a dividend yield of 5.4%. The ex-dividend date of this dividend was Monday, February 2nd.

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.