Davidson Trust Co. bought a new position in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB – Free Report) in the third quarter, HoldingsChannel.com reports. The fund bought 43,672 shares of the company’s stock, valued at approximately $1,410,000.
A number of other hedge funds have also added to or reduced their stakes in the stock. RMG Wealth Management LLC bought a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the 1st quarter valued at $29,366,000. Bartlett & CO. Wealth Management LLC grew its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 25.5% in the first quarter. Bartlett & CO. Wealth Management LLC now owns 847,751 shares of the company’s stock worth $28,408,000 after acquiring an additional 172,378 shares during the period. Your Advocates Ltd. LLP grew its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 9.0% in the first quarter. Your Advocates Ltd. LLP now owns 682,626 shares of the company’s stock worth $22,895,000 after acquiring an additional 56,649 shares during the period. GoalVest Advisory LLC purchased a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF during the third quarter valued at $20,723,000. Finally, Manning & Napier Advisors LLC increased its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 320.9% during the first quarter. Manning & Napier Advisors LLC now owns 628,376 shares of the company’s stock valued at $21,076,000 after acquiring an additional 479,097 shares during the last quarter.
SPDR Portfolio Intermediate Term Corporate Bond ETF Price Performance
SPIB stock opened at $32.32 on Friday. The business’s 50-day moving average is $32.80 and its two-hundred day moving average is $33.19. SPDR Portfolio Intermediate Term Corporate Bond ETF has a fifty-two week low of $32.08 and a fifty-two week high of $34.14.
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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Want to see what other hedge funds are holding SPIB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB – Free Report).
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