SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB – Get Free Report)’s share price crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $32.61 and traded as high as $32.67. SPDR Portfolio Intermediate Term Corporate Bond ETF shares last traded at $32.62, with a volume of 10,274,398 shares.
SPDR Portfolio Intermediate Term Corporate Bond ETF Price Performance
The company’s 50-day simple moving average is $32.61 and its 200 day simple moving average is $33.29.
Institutional Trading of SPDR Portfolio Intermediate Term Corporate Bond ETF
Hedge funds have recently modified their holdings of the stock. Root Financial Partners LLC purchased a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF during the 3rd quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF in the 3rd quarter valued at about $31,000. Compass Financial Management LLC purchased a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF in the 2nd quarter valued at about $36,000. City State Bank purchased a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF in the 3rd quarter valued at about $37,000. Finally, CoreCap Advisors LLC purchased a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF in the 3rd quarter valued at about $181,000.
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.
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