SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) Shares Sold by Foster & Motley Inc.

Foster & Motley Inc. lowered its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 5.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 114,984 shares of the company’s stock after selling 6,065 shares during the period. Foster & Motley Inc.’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $3,876,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC raised its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF by 5.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 291,392 shares of the company’s stock valued at $9,526,000 after acquiring an additional 15,288 shares during the last quarter. Richardson Financial Services Inc. increased its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 341.9% during the 1st quarter. Richardson Financial Services Inc. now owns 2,320 shares of the company’s stock valued at $76,000 after acquiring an additional 1,795 shares during the last quarter. Leuthold Group LLC purchased a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the 1st quarter worth about $9,285,000. Hilltop Partners LLC boosted its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 2.1% in the first quarter. Hilltop Partners LLC now owns 47,781 shares of the company’s stock worth $1,562,000 after acquiring an additional 998 shares during the last quarter. Finally, Global Financial Private Client LLC grew its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF by 167.4% in the first quarter. Global Financial Private Client LLC now owns 4,425 shares of the company’s stock valued at $144,000 after purchasing an additional 2,770 shares during the period.

SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Down 0.5 %

Shares of SPIB opened at $32.86 on Wednesday. The stock’s fifty day simple moving average is $33.44 and its 200 day simple moving average is $32.95. SPDR Portfolio Intermediate Term Corporate Bond ETF has a twelve month low of $31.34 and a twelve month high of $33.86.

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.