True Link Financial Advisors LLC Grows Position in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB)

True Link Financial Advisors LLC grew its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 38.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,203,828 shares of the company’s stock after acquiring an additional 891,252 shares during the quarter. SPDR Portfolio Intermediate Term Corporate Bond ETF accounts for 8.8% of True Link Financial Advisors LLC’s portfolio, making the stock its 5th biggest holding. True Link Financial Advisors LLC’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $104,957,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the stock. NBC Securities Inc. lifted its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 22.2% during the third quarter. NBC Securities Inc. now owns 3,646 shares of the company’s stock valued at $122,000 after purchasing an additional 663 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 145.5% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 5,014 shares of the company’s stock valued at $169,000 after purchasing an additional 2,972 shares in the last quarter. Richardson Financial Services Inc. lifted its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 61.4% during the third quarter. Richardson Financial Services Inc. now owns 5,029 shares of the company’s stock valued at $166,000 after purchasing an additional 1,914 shares in the last quarter. IHT Wealth Management LLC bought a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the third quarter valued at $201,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF by 13.6% in the second quarter. EverSource Wealth Advisors LLC now owns 6,780 shares of the company’s stock valued at $224,000 after acquiring an additional 812 shares during the period.

SPDR Portfolio Intermediate Term Corporate Bond ETF Price Performance

SPIB stock opened at $32.77 on Monday. SPDR Portfolio Intermediate Term Corporate Bond ETF has a fifty-two week low of $31.98 and a fifty-two week high of $33.86. The business’s 50-day moving average is $32.90 and its two-hundred day moving average is $33.13.

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.