Legacy Wealth Partners LLC Takes $577,000 Position in SPDR Portfolio Long Term Corporate Bond ETF $SPLB

Legacy Wealth Partners LLC bought a new position in shares of SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 25,964 shares of the company’s stock, valued at approximately $577,000.

Other hedge funds have also added to or reduced their stakes in the company. Truefg LLC boosted its stake in SPDR Portfolio Long Term Corporate Bond ETF by 0.9% in the 4th quarter. Truefg LLC now owns 50,338 shares of the company’s stock valued at $1,137,000 after purchasing an additional 450 shares during the period. Capstone Wealth Management Group LLC increased its position in SPDR Portfolio Long Term Corporate Bond ETF by 1.1% during the 3rd quarter. Capstone Wealth Management Group LLC now owns 53,885 shares of the company’s stock worth $1,246,000 after buying an additional 612 shares during the period. HF Advisory Group LLC lifted its holdings in shares of SPDR Portfolio Long Term Corporate Bond ETF by 4.5% during the fourth quarter. HF Advisory Group LLC now owns 14,961 shares of the company’s stock worth $338,000 after buying an additional 639 shares in the last quarter. Global Endowment Management LP lifted its holdings in shares of SPDR Portfolio Long Term Corporate Bond ETF by 4.7% during the third quarter. Global Endowment Management LP now owns 14,555 shares of the company’s stock worth $337,000 after buying an additional 652 shares in the last quarter. Finally, Guidance Capital Inc. boosted its position in shares of SPDR Portfolio Long Term Corporate Bond ETF by 4.8% in the fourth quarter. Guidance Capital Inc. now owns 18,670 shares of the company’s stock valued at $426,000 after acquiring an additional 851 shares during the period.

SPDR Portfolio Long Term Corporate Bond ETF Stock Performance

SPLB stock opened at $22.41 on Wednesday. The company’s 50-day simple moving average is $22.30 and its 200 day simple moving average is $22.50. SPDR Portfolio Long Term Corporate Bond ETF has a 52 week low of $21.69 and a 52 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.