Foster & Motley Inc. Trims Position in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB)

Foster & Motley Inc. decreased its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 4.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 109,347 shares of the company’s stock after selling 5,637 shares during the quarter. Foster & Motley Inc.’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $3,582,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Captrust Financial Advisors boosted its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 0.9% in the 3rd quarter. Captrust Financial Advisors now owns 39,305 shares of the company’s stock worth $1,325,000 after buying an additional 343 shares during the last quarter. Zhang Financial LLC lifted its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 0.9% during the 4th quarter. Zhang Financial LLC now owns 40,055 shares of the company’s stock worth $1,312,000 after acquiring an additional 354 shares during the period. NBC Securities Inc. boosted its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 22.2% in the third quarter. NBC Securities Inc. now owns 3,646 shares of the company’s stock worth $122,000 after acquiring an additional 663 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 13.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 7,471 shares of the company’s stock worth $252,000 after acquiring an additional 878 shares during the last quarter. Finally, Winch Advisory Services LLC grew its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF by 3.5% in the third quarter. Winch Advisory Services LLC now owns 49,464 shares of the company’s stock valued at $1,667,000 after purchasing an additional 1,688 shares during the period.

SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Down 0.1 %

NYSEARCA:SPIB opened at $32.94 on Thursday. The firm’s 50 day moving average is $32.89 and its two-hundred day moving average is $33.14. 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.

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.