Leuthold Group LLC Purchases 250,434 Shares of SPDR Portfolio Intermediate Term Corporate Bond ETF $SPIB

Leuthold Group LLC purchased a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 250,434 shares of the company’s stock, valued at approximately $8,084,000. Leuthold Group LLC owned 0.07% of SPDR Portfolio Intermediate Term Corporate Bond ETF at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in SPIB. Thurston Springer Miller Herd & Titak Inc. raised its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 4.6% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 8,469 shares of the company’s stock valued at $283,000 after purchasing an additional 373 shares during the period. Compass Financial Management LLC grew its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 73.8% in the third quarter. Compass Financial Management LLC now owns 1,867 shares of the company’s stock valued at $60,000 after buying an additional 793 shares in the last quarter. Root Financial Partners LLC acquired a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF in the third quarter valued at $27,000. City State Bank purchased a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF in the 3rd quarter valued at $37,000. Finally, Climber Capital SA raised its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 1.2% in the 3rd quarter. Climber Capital SA now owns 114,482 shares of the company’s stock valued at $3,504,000 after buying an additional 1,390 shares during the period.

SPDR Portfolio Intermediate Term Corporate Bond ETF Price Performance

SPIB opened at $32.68 on Tuesday. The stock’s 50-day moving average price is $32.54 and its 200 day moving average price is $33.25. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 12-month low of $32.08 and a 12-month high of $34.14.

SPDR Portfolio Intermediate Term Corporate Bond ETF 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.