Raleigh Capital Management Inc. Has $2.17 Million Position in SPDR Portfolio Long Term Corporate Bond ETF $SPLB

Raleigh Capital Management Inc. grew its stake in SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) by 236.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 97,476 shares of the company’s stock after acquiring an additional 68,477 shares during the quarter. Raleigh Capital Management Inc. owned 0.17% of SPDR Portfolio Long Term Corporate Bond ETF worth $2,166,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Austin Private Wealth LLC bought a new position in shares of SPDR Portfolio Long Term Corporate Bond ETF during the fourth quarter worth $1,449,000. Assetmark Inc. grew its holdings in shares of SPDR Portfolio Long Term Corporate Bond ETF by 231.9% in the 4th quarter. Assetmark Inc. now owns 221,120 shares of the company’s stock valued at $4,993,000 after buying an additional 154,493 shares during the period. Envestnet Portfolio Solutions Inc. bought a new stake in shares of SPDR Portfolio Long Term Corporate Bond ETF in the 4th quarter valued at $8,660,000. Van Strum & Towne Inc. increased its position in shares of SPDR Portfolio Long Term Corporate Bond ETF by 11.2% in the 4th quarter. Van Strum & Towne Inc. now owns 266,938 shares of the company’s stock valued at $6,027,000 after buying an additional 26,850 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its stake in SPDR Portfolio Long Term Corporate Bond ETF by 399.7% during the 4th quarter. Farther Finance Advisors LLC now owns 34,753 shares of the company’s stock worth $785,000 after buying an additional 27,798 shares during the period.

SPDR Portfolio Long Term Corporate Bond ETF Stock Performance

SPLB stock opened at $22.26 on Friday. The business’s 50-day moving average price is $22.29 and its two-hundred day moving average price is $22.49. SPDR Portfolio Long Term Corporate Bond ETF has a 1-year low of $21.69 and a 1-year high of $23.59.

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.