Orange Investment Advisors Inc. Acquires 75,895 Shares of SPDR Portfolio Intermediate Term Corporate Bond ETF $SPIB

Orange Investment Advisors Inc. lifted its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 6.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,307,674 shares of the company’s stock after purchasing an additional 75,895 shares during the quarter. SPDR Portfolio Intermediate Term Corporate Bond ETF accounts for 4.6% of Orange Investment Advisors Inc.’s portfolio, making the stock its 2nd largest position. Orange Investment Advisors Inc. owned about 0.41% of SPDR Portfolio Intermediate Term Corporate Bond ETF worth $44,317,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. First Community Trust NA purchased a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF in the 3rd quarter worth approximately $32,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the 2nd quarter valued at $34,000. WFA of San Diego LLC acquired a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF in the second quarter worth $40,000. Silicon Valley Capital Partners purchased a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the second quarter worth $44,000. Finally, Trust Co. of Toledo NA OH purchased a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the second quarter worth $64,000.

SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Performance

Shares of NYSEARCA SPIB opened at $33.86 on Friday. The business’s 50-day moving average price is $33.86 and its two-hundred day moving average price is $33.71. SPDR Portfolio Intermediate Term Corporate Bond ETF has a one year low of $32.38 and a one year high of $34.08.

About SPDR Portfolio Intermediate Term Corporate Bond ETF

The SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade, fixed-rate taxable US corporate bonds with a maturity of at least one year, but no more than 10 years. SPIB was launched on Feb 10, 2009 and is managed by State Street.