Collaborative Wealth Managment Inc. Sells 86,802 Shares of SPDR Portfolio Long Term Corporate Bond ETF $SPLB

Collaborative Wealth Managment Inc. lessened its stake in SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) by 82.0% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 19,086 shares of the company’s stock after selling 86,802 shares during the quarter. Collaborative Wealth Managment Inc.’s holdings in SPDR Portfolio Long Term Corporate Bond ETF were worth $424,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPLB. State Street Corp increased its holdings in SPDR Portfolio Long Term Corporate Bond ETF by 6.2% in the 2nd quarter. State Street Corp now owns 7,315,006 shares of the company’s stock valued at $165,100,000 after acquiring an additional 427,047 shares during the last quarter. LPL Financial LLC lifted its stake in SPDR Portfolio Long Term Corporate Bond ETF by 17.1% in the 4th quarter. LPL Financial LLC now owns 2,402,379 shares of the company’s stock worth $54,246,000 after purchasing an additional 351,072 shares in the last quarter. Rockland Trust Co. boosted its holdings in shares of SPDR Portfolio Long Term Corporate Bond ETF by 7.5% during the 4th quarter. Rockland Trust Co. now owns 1,824,180 shares of the company’s stock valued at $41,190,000 after purchasing an additional 126,797 shares during the last quarter. NYL Investors LLC boosted its holdings in shares of SPDR Portfolio Long Term Corporate Bond ETF by 0.4% during the 4th quarter. NYL Investors LLC now owns 1,456,598 shares of the company’s stock valued at $32,890,000 after purchasing an additional 5,279 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its position in shares of SPDR Portfolio Long Term Corporate Bond ETF by 4.1% during the fourth quarter. Thrivent Financial for Lutherans now owns 1,038,108 shares of the company’s stock valued at $23,575,000 after purchasing an additional 40,937 shares in the last quarter.

SPDR Portfolio Long Term Corporate Bond ETF Stock Up 0.5%

Shares of SPLB stock opened at $21.88 on Thursday. SPDR Portfolio Long Term Corporate Bond ETF has a 12-month low of $21.69 and a 12-month high of $23.59. The stock’s 50-day moving average price is $22.23 and its 200-day moving average price is $22.44.

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.