Econ Financial Services Corp Makes New $5.34 Million Investment in SPDR Portfolio Long Term Corporate Bond ETF $SPLB

Econ Financial Services Corp purchased a new position in shares of SPDR Portfolio Long Term Corporate Bond ETF (NYSEARCA:SPLB) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 240,446 shares of the company’s stock, valued at approximately $5,343,000. SPDR Portfolio Long Term Corporate Bond ETF makes up about 2.5% of Econ Financial Services Corp’s investment portfolio, making the stock its 10th biggest holding. Econ Financial Services Corp owned 0.41% of SPDR Portfolio Long Term Corporate Bond ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. State Street Corp increased its position in shares of SPDR Portfolio Long Term Corporate Bond ETF by 6.2% in the 2nd quarter. State Street Corp now owns 7,315,006 shares of the company’s stock valued at $165,100,000 after buying an additional 427,047 shares in the last quarter. LPL Financial LLC lifted its holdings in SPDR Portfolio Long Term Corporate Bond ETF by 17.1% during the fourth quarter. LPL Financial LLC now owns 2,402,379 shares of the company’s stock worth $54,246,000 after acquiring an additional 351,072 shares in the last quarter. Rockland Trust Co. grew its stake in SPDR Portfolio Long Term Corporate Bond ETF by 7.5% in the fourth quarter. Rockland Trust Co. now owns 1,824,180 shares of the company’s stock valued at $41,190,000 after acquiring an additional 126,797 shares during the period. NYL Investors LLC grew its stake in SPDR Portfolio Long Term Corporate Bond ETF by 0.4% in the fourth quarter. NYL Investors LLC now owns 1,456,598 shares of the company’s stock valued at $32,890,000 after acquiring an additional 5,279 shares during the period. Finally, Thrivent Financial for Lutherans increased its holdings in shares of SPDR Portfolio Long Term Corporate Bond ETF by 4.1% in the fourth quarter. Thrivent Financial for Lutherans now owns 1,038,108 shares of the company’s stock worth $23,575,000 after acquiring an additional 40,937 shares in the last quarter.

SPDR Portfolio Long Term Corporate Bond ETF Stock Performance

Shares of SPDR Portfolio Long Term Corporate Bond ETF stock opened at $22.54 on Friday. The business has a 50-day moving average of $22.30 and a two-hundred day moving average of $22.50. 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.