SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) Stock Position Raised by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its holdings in SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) by 11.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 143,507 shares of the company’s stock after acquiring an additional 14,818 shares during the period. JPMorgan Chase & Co.’s holdings in SPDR Portfolio Long Term Corporate Bond ETF were worth $3,190,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SPLB. Avior Wealth Management LLC bought a new stake in shares of SPDR Portfolio Long Term Corporate Bond ETF in the 4th quarter worth approximately $36,000. SBI Securities Co. Ltd. acquired a new position in shares of SPDR Portfolio Long Term Corporate Bond ETF during the fourth quarter valued at $135,000. Westside Investment Management Inc. grew its position in shares of SPDR Portfolio Long Term Corporate Bond ETF by 63.8% during the third quarter. Westside Investment Management Inc. now owns 8,423 shares of the company’s stock worth $204,000 after acquiring an additional 3,282 shares during the last quarter. Global Financial Private Client LLC increased its holdings in shares of SPDR Portfolio Long Term Corporate Bond ETF by 7.9% in the 4th quarter. Global Financial Private Client LLC now owns 10,577 shares of the company’s stock worth $235,000 after acquiring an additional 777 shares during the period. Finally, Jones Financial Companies Lllp lifted its position in SPDR Portfolio Long Term Corporate Bond ETF by 507.7% in the 4th 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 last quarter.

SPDR Portfolio Long Term Corporate Bond ETF Stock Performance

NYSEARCA SPLB opened at $21.48 on Tuesday. The company has a 50-day moving average price of $22.39 and a two-hundred day moving average price of $22.64. SPDR Portfolio Long Term Corporate Bond ETF has a 52 week low of $21.01 and a 52 week 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.