Envestnet Asset Management Inc. Sells 657,811 Shares of SPDR Portfolio Long Term Corporate Bond ETF $SPLB

Envestnet Asset Management Inc. decreased its position in shares of SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) by 48.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 708,551 shares of the company’s stock after selling 657,811 shares during the quarter. Envestnet Asset Management Inc.’s holdings in SPDR Portfolio Long Term Corporate Bond ETF were worth $16,382,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Bank of New York Mellon Corp grew its position in shares of SPDR Portfolio Long Term Corporate Bond ETF by 10.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 310,914 shares of the company’s stock valued at $7,017,000 after acquiring an additional 29,922 shares during the period. Aspetuck Financial Management LLC lifted its stake in SPDR Portfolio Long Term Corporate Bond ETF by 5.6% in the second quarter. Aspetuck Financial Management LLC now owns 121,648 shares of the company’s stock valued at $2,746,000 after purchasing an additional 6,500 shares during the last quarter. Cetera Investment Advisers grew its holdings in SPDR Portfolio Long Term Corporate Bond ETF by 18.7% during the second quarter. Cetera Investment Advisers now owns 128,289 shares of the company’s stock valued at $2,895,000 after purchasing an additional 20,205 shares during the period. PFG Advisors increased its position in SPDR Portfolio Long Term Corporate Bond ETF by 8.4% in the second quarter. PFG Advisors now owns 348,930 shares of the company’s stock worth $7,875,000 after buying an additional 27,127 shares during the last quarter. Finally, J.W. Cole Advisors Inc. bought a new stake in shares of SPDR Portfolio Long Term Corporate Bond ETF in the second quarter valued at $2,038,000.

SPDR Portfolio Long Term Corporate Bond ETF Stock Performance

NYSEARCA:SPLB opened at $23.01 on Monday. SPDR Portfolio Long Term Corporate Bond ETF has a 1 year low of $21.01 and a 1 year high of $23.59. The stock’s fifty day moving average price is $22.72 and its two-hundred day moving average price is $22.86.

SPDR Portfolio Long Term Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a dividend of $0.103 per share. The ex-dividend date was Monday, February 2nd. This is a positive change from SPDR Portfolio Long Term Corporate Bond ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a yield of 5.4%.

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.