SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) Shares Purchased by Municipal Employees Retirement System of Michigan

Municipal Employees Retirement System of Michigan increased its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 8.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 172,439 shares of the company’s stock after acquiring an additional 13,380 shares during the quarter. Municipal Employees Retirement System of Michigan’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $5,649,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Janney Montgomery Scott LLC raised its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 6.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 315,156 shares of the company’s stock worth $10,325,000 after acquiring an additional 18,376 shares in the last quarter. True Link Financial Advisors LLC raised its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 38.5% during the 4th quarter. True Link Financial Advisors LLC now owns 3,203,828 shares of the company’s stock worth $104,957,000 after acquiring an additional 891,252 shares in the last quarter. Bartlett & CO. Wealth Management LLC raised its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 6.5% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 172,720 shares of the company’s stock worth $5,658,000 after acquiring an additional 10,485 shares in the last quarter. Richardson Financial Services Inc. raised its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 150.0% during the 4th quarter. Richardson Financial Services Inc. now owns 12,574 shares of the company’s stock worth $412,000 after acquiring an additional 7,545 shares in the last quarter. Finally, ST Germain D J Co. Inc. raised its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 9.1% during the 4th quarter. ST Germain D J Co. Inc. now owns 785,960 shares of the company’s stock worth $25,748,000 after acquiring an additional 65,428 shares in the last quarter.

SPDR Portfolio Intermediate Term Corporate Bond ETF Price Performance

Shares of SPDR Portfolio Intermediate Term Corporate Bond ETF stock opened at $33.04 on Friday. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 1 year low of $31.98 and a 1 year high of $33.86. The company’s fifty day moving average is $32.91 and its two-hundred day moving average is $33.12.

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.