SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) Shares Sold by Horizon Investments LLC

Horizon Investments LLC cut its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 2.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 16,848 shares of the company’s stock after selling 426 shares during the quarter. Horizon Investments LLC’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $552,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. True Link Financial Advisors LLC grew its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 38.5% in the 4th quarter. True Link Financial Advisors LLC now owns 3,203,828 shares of the company’s stock valued at $104,957,000 after acquiring an additional 891,252 shares during the last quarter. Hudson Valley Investment Advisors Inc. ADV grew its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 2.4% in the 4th quarter. Hudson Valley Investment Advisors Inc. ADV now owns 1,234,843 shares of the company’s stock valued at $40,453,000 after acquiring an additional 28,771 shares during the last quarter. BNP Paribas Financial Markets grew its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 255,610.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,007,500 shares of the company’s stock valued at $33,963,000 after acquiring an additional 1,007,106 shares during the last quarter. ST Germain D J Co. Inc. grew its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 9.1% in the 4th quarter. ST Germain D J Co. Inc. now owns 785,960 shares of the company’s stock valued at $25,748,000 after acquiring an additional 65,428 shares during the last quarter. Finally, Crews Bank & Trust acquired a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF in the 4th quarter valued at about $17,585,000.

SPDR Portfolio Intermediate Term Corporate Bond ETF Price Performance

Shares of NYSEARCA SPIB opened at $33.19 on Friday. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 52 week low of $31.98 and a 52 week high of $33.86. The company’s 50-day moving average price is $32.96 and its 200 day moving average price is $33.11.

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.