SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) Shares Purchased by Summit Financial LLC

Summit Financial LLC grew its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 15.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 192,684 shares of the company’s stock after purchasing an additional 26,125 shares during the period. Summit Financial LLC owned 0.08% of SPDR Portfolio Intermediate Term Corporate Bond ETF worth $6,312,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of SPIB. Captrust Financial Advisors boosted its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 0.9% during the third quarter. Captrust Financial Advisors now owns 39,305 shares of the company’s stock worth $1,325,000 after acquiring an additional 343 shares during the last quarter. Community Bank N.A. lifted its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 8.2% during the 3rd quarter. Community Bank N.A. now owns 26,466 shares of the company’s stock worth $892,000 after purchasing an additional 2,006 shares during the period. IHT Wealth Management LLC acquired a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the third quarter worth $201,000. Duff & Phelps Investment Management Co. grew its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 1.0% in the third quarter. Duff & Phelps Investment Management Co. now owns 362,015 shares of the company’s stock valued at $12,204,000 after purchasing an additional 3,700 shares during the period. Finally, Fidelity D & D Bancorp Inc. increased its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 12.5% in the third quarter. Fidelity D & D Bancorp Inc. now owns 158,496 shares of the company’s stock valued at $5,343,000 after purchasing an additional 17,629 shares during the last quarter.

SPDR Portfolio Intermediate Term Corporate Bond ETF Trading Up 0.4 %

NYSEARCA SPIB opened at $33.23 on Monday. The business’s 50-day moving average price is $33.02 and its 200 day moving average price is $33.09. SPDR Portfolio Intermediate Term Corporate Bond ETF has a twelve month low of $31.98 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.