Israel Discount Bank of New York Makes New $2.08 Million Investment in SPDR Bloomberg International Corporate Bond ETF $IBND

Israel Discount Bank of New York acquired a new position in SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 64,365 shares of the company’s stock, valued at approximately $2,078,000. SPDR Bloomberg International Corporate Bond ETF makes up approximately 6.2% of Israel Discount Bank of New York’s investment portfolio, making the stock its 4th largest holding.

A number of other large investors also recently modified their holdings of IBND. Allworth Financial LP boosted its holdings in SPDR Bloomberg International Corporate Bond ETF by 67,000.0% in the 2nd quarter. Allworth Financial LP now owns 1,342 shares of the company’s stock worth $44,000 after buying an additional 1,340 shares during the period. Jones Financial Companies Lllp lifted its position in shares of SPDR Bloomberg International Corporate Bond ETF by 97.0% in the third quarter. Jones Financial Companies Lllp now owns 1,655 shares of the company’s stock valued at $53,000 after acquiring an additional 815 shares in the last quarter. AdvisorNet Financial Inc lifted its position in shares of SPDR Bloomberg International Corporate Bond ETF by 79.4% in the third quarter. AdvisorNet Financial Inc now owns 3,920 shares of the company’s stock valued at $127,000 after acquiring an additional 1,735 shares in the last quarter. Choreo LLC bought a new position in shares of SPDR Bloomberg International Corporate Bond ETF in the second quarter worth about $206,000. Finally, Vance Wealth LLC purchased a new stake in shares of SPDR Bloomberg International Corporate Bond ETF during the second quarter worth about $208,000.

SPDR Bloomberg International Corporate Bond ETF Price Performance

Shares of IBND opened at $31.77 on Wednesday. The business’s 50 day moving average is $32.35 and its 200 day moving average is $32.14. SPDR Bloomberg International Corporate Bond ETF has a 12-month low of $28.90 and a 12-month high of $33.20.

SPDR Bloomberg International Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.0653 per share. The ex-dividend date is Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 2.5%.

About SPDR Bloomberg International Corporate Bond ETF

SPDR Barclays International Corporate Bond ETF (the Fund), formerly SPDR Barclays Capital International Corporate Bond ETF, seeks to provide investment results that correspond generally to the price and yield performance of the Barclays Capital Global Aggregate ex-USD > $1B: Corporate Bond Index (the Index), an index that tracks the investment-grade corporate sector of the global bond market outside of the United States. The Index is designed to be a broad based measure of the global investment-grade, fixed-rate, fixed-income corporate markets outside the United States.