SPLB Makes Notable Cross Below Critical Moving Average
ETF Channel Staff - Thursday, June 29, 11:01 AMIn trading on Thursday, shares of the SPDR Portfolio Long Term Corporate Bond ETF (SPLB) crossed below their 200 day moving average of $22.91, changing hands as low as $22.89 per share. SPDR Portfolio Long Term Corporate Bond shares are currently trading down about 1.1% on the day. The chart below shows the one year performance of SPLB shares, versus its 200 day moving average:
Looking at the chart above, SPLB's low point in its 52 week range is $20.34 per share, with $25.50 as the 52 week high point — that compares with a last trade of $22.94.
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