SPDR Portfolio Long Term Corporate Bond Breaks Below 200-Day Moving Average - Notable for SPLB
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Analyst Views on SPLB

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Comparison of SPLB and LQD: SPLB and LQD are both ETFs that provide exposure to U.S. investment-grade corporate bonds, with SPLB offering lower fees (0.04% vs. 0.14%) and a higher yield (5.2% vs. 4.35%) compared to LQD.
Portfolio Characteristics: SPLB focuses on long-term bonds with maturities of 10 years or more and holds 2,960 securities, while LQD has a slightly larger portfolio of 2,998 holdings across various maturities.
Risk and Volatility: LQD has a lower beta and smaller maximum drawdown, indicating it has experienced less price volatility compared to SPLB, making it potentially more appealing to risk-averse investors.
Investment Considerations: Both funds offer broad diversification and similar annual returns, but investors may prefer SPLB for its cost-effectiveness and yield, while LQD may attract those prioritizing lower risk.
ETF Performance: On Monday, the SPDR Portfolio Long Term Corporate Bond ETF and SPDR Portfolio Long Term Treasury ETF both saw a 0.2% increase in trading volume, with 8.8 million and 3.3 million shares traded respectively, while the SPDR Portfolio Intermediate Term Treasury ETF remained relatively unchanged.
Market Insights: The article highlights unusual trading volumes in ETFs, specifically mentioning the SPDR SSGA Fixed Income Sector Rotation ETF, and notes that the views expressed are those of the author and not necessarily reflective of Nasdaq, Inc.
SPLB Stock Performance: SPLB's stock has a 52-week low of $21.6615 and a high of $24.525, with the last trade recorded at $23.04.
Market Insights: The article mentions other ETFs that have recently crossed above their 200-day moving average, indicating potential market trends.
SPLB Share Price Analysis: SPLB's current share price is $22.41, situated between its 52-week low of $21.6615 and high of $24.525, with a focus on the significance of the 200-day moving average for technical analysis.
Understanding ETFs: Exchange traded funds (ETFs) function like stocks, where investors buy and sell 'units' that can be created or destroyed based on demand, impacting the underlying holdings during notable inflows or outflows.
SPLB Stock Performance: SPLB's stock has a 52-week low of $21.745 and a high of $24.525, with the last trade recorded at $23.19.
Market Insights: The article mentions other ETFs that have recently crossed above their 200-day moving average, indicating potential market trends.







