Strategic Investment Advisors MI Increases Holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF $SPIB

Strategic Investment Advisors MI lifted its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 71.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 204,494 shares of the company’s stock after purchasing an additional 85,383 shares during the quarter. Strategic Investment Advisors MI owned 0.06% of SPDR Portfolio Intermediate Term Corporate Bond ETF worth $6,855,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Elyxium Wealth LLC bought a new position in SPDR Portfolio Intermediate Term Corporate Bond ETF in the 4th quarter worth about $28,000. Triumph Capital Management purchased a new position in SPDR Portfolio Intermediate Term Corporate Bond ETF during the 3rd quarter valued at about $28,000. WFA of San Diego LLC bought a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the second quarter valued at about $40,000. Horizon Investments LLC bought a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the fourth quarter valued at about $45,000. Finally, Nemes Rush Group LLC purchased a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF in the fourth quarter worth about $104,000.

SPDR Portfolio Intermediate Term Corporate Bond ETF Price Performance

Shares of SPDR Portfolio Intermediate Term Corporate Bond ETF stock opened at $33.13 on Thursday. The company’s 50-day moving average price is $33.33 and its 200-day moving average price is $33.56. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 12-month low of $33.03 and a 12-month high of $34.14.

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. SPIB was launched on Feb 10, 2009 and is managed by State Street.