SCPB “has been trading along a key ascending trendline, and the bulls have propped up the price on each attempted pullback for most of 2016. Given the proximity of the support, active traders will likely look to set their stop-loss orders below the trendline or the 50-day moving average, which are both trading near $30.71,” according to Investopedia.

At a time when investors are thirsty for safe, income-generating assets, it is not surprising that investment-grade corporate bond exchange traded funds are adding assets at a rapid rate this year. Yields on investment-grade U.S. corporate bonds have declined. However, corporate bond yields remain much more attractive. For instance, interest rates on 7-to-10 year bonds of high-quality U.S. companies are 3.14%, compared to 3.92% a year ago.

Related: U.S. Corporate Bond ETFs Among Few Attractive Investment-Grade Options Left

SCPB looks “to provide investment results that, before fees and expenses, correspond to the price and yield performance of the Barclays U.S. 1-3 Year Corporate Bond Index,” adds Investopedia.

SPDR Barclays Short Term Corporate Bond ETF

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