Financial Gravity Asset Management Inc. Has $18.19 Million Holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF $SPIB

Financial Gravity Asset Management Inc. increased its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 6.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 538,057 shares of the company’s stock after buying an additional 34,049 shares during the period. SPDR Portfolio Intermediate Term Corporate Bond ETF accounts for about 3.5% of Financial Gravity Asset Management Inc.’s investment portfolio, making the stock its 7th biggest holding. Financial Gravity Asset Management Inc. owned approximately 0.17% of SPDR Portfolio Intermediate Term Corporate Bond ETF worth $18,192,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Community Bank N.A. raised its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 1.0% during the fourth quarter. Community Bank N.A. now owns 36,854 shares of the company’s stock worth $1,246,000 after buying an additional 360 shares during the last quarter. Fifth Third Securities Inc. raised its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 1.5% during the fourth quarter. Fifth Third Securities Inc. now owns 26,732 shares of the company’s stock worth $904,000 after buying an additional 405 shares during the last quarter. Alteri Wealth LLC raised its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 6.0% during the fourth quarter. Alteri Wealth LLC now owns 9,872 shares of the company’s stock worth $334,000 after buying an additional 556 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 0.7% during the second quarter. NewEdge Advisors LLC now owns 80,410 shares of the company’s stock worth $2,700,000 after buying an additional 582 shares during the last quarter. Finally, Crestwood Advisors Group LLC raised its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 1.0% during the fourth quarter. Crestwood Advisors Group LLC now owns 63,171 shares of the company’s stock worth $2,136,000 after buying an additional 619 shares during the last quarter.

SPDR Portfolio Intermediate Term Corporate Bond ETF Price Performance

SPIB opened at $33.40 on Friday. The firm has a 50 day simple moving average of $33.48 and a 200 day simple moving average of $33.69. SPDR Portfolio Intermediate Term Corporate Bond ETF has a fifty-two week low of $33.15 and a fifty-two week high of $34.14.

SPDR Portfolio Intermediate Term Corporate Bond ETF Company Profile

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.