BNP Paribas Financial Markets Makes New Investment in SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB)

BNP Paribas Financial Markets bought a new stake in SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 134,100 shares of the company’s stock, valued at approximately $3,240,000. BNP Paribas Financial Markets owned about 0.40% of SPDR Portfolio Long Term Corporate Bond ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPLB. Fifth Third Securities Inc. lifted its position in SPDR Portfolio Long Term Corporate Bond ETF by 22.8% in the second quarter. Fifth Third Securities Inc. now owns 91,853 shares of the company’s stock valued at $2,071,000 after purchasing an additional 17,070 shares during the period. Westside Investment Management Inc. increased its holdings in SPDR Portfolio Long Term Corporate Bond ETF by 29.1% in the second quarter. Westside Investment Management Inc. now owns 5,141 shares of the company’s stock valued at $116,000 after buying an additional 1,159 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in SPDR Portfolio Long Term Corporate Bond ETF by 7.7% during the second quarter. Bank of New York Mellon Corp now owns 165,217 shares of the company’s stock worth $3,726,000 after purchasing an additional 11,803 shares during the last quarter. RiverFront Investment Group LLC acquired a new position in shares of SPDR Portfolio Long Term Corporate Bond ETF during the 2nd quarter worth $502,000. Finally, Strategic Advocates LLC lifted its holdings in shares of SPDR Portfolio Long Term Corporate Bond ETF by 324.0% in the third quarter. Strategic Advocates LLC now owns 649,591 shares of the company’s stock valued at $15,694,000 after purchasing an additional 496,381 shares in the last quarter.

SPDR Portfolio Long Term Corporate Bond ETF Price Performance

Shares of SPLB stock opened at $23.51 on Friday. The firm has a 50-day moving average price of $23.30 and a 200 day moving average price of $23.26. SPDR Portfolio Long Term Corporate Bond ETF has a twelve month low of $21.75 and a twelve month high of $24.52.

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.