Sunbelt Securities Inc. Sells 614 Shares of SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB)

Sunbelt Securities Inc. reduced its position in SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) by 20.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,362 shares of the company’s stock after selling 614 shares during the period. Sunbelt Securities Inc.’s holdings in SPDR Portfolio Long Term Corporate Bond ETF were worth $55,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Private Trust Co. NA raised its position in shares of SPDR Portfolio Long Term Corporate Bond ETF by 24.3% during the 4th quarter. Private Trust Co. NA now owns 30,149 shares of the company’s stock valued at $717,000 after buying an additional 5,899 shares in the last quarter. Westside Investment Management Inc. bought a new stake in SPDR Portfolio Long Term Corporate Bond ETF during the fourth quarter worth approximately $80,000. Finally, Transcendent Capital Group LLC purchased a new stake in SPDR Portfolio Long Term Corporate Bond ETF during the fourth quarter valued at approximately $29,000.

SPDR Portfolio Long Term Corporate Bond ETF Stock Down 1.2 %

NYSEARCA:SPLB opened at $22.55 on Monday. The business has a 50 day simple moving average of $22.58 and a 200-day simple moving average of $22.94. SPDR Portfolio Long Term Corporate Bond ETF has a 1 year low of $20.02 and a 1 year high of $24.09.

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.