SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB – Get Free Report) was the target of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 2,876,180 shares, a decrease of 77.6% from the November 30th total of 12,847,133 shares. Based on an average daily trading volume, of 5,319,203 shares, the short-interest ratio is currently 0.5 days. Approximately 0.9% of the company’s shares are short sold. Approximately 0.9% of the company’s shares are short sold. Based on an average daily trading volume, of 5,319,203 shares, the short-interest ratio is currently 0.5 days.
SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Up 0.2%
Shares of SPIB stock traded up $0.08 during trading on Thursday, hitting $33.82. 1,527,111 shares of the stock traded hands, compared to its average volume of 5,717,672. The firm’s fifty day moving average price is $33.87 and its 200-day moving average price is $33.70. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 52-week low of $32.38 and a 52-week high of $34.08.
Hedge Funds Weigh In On SPDR Portfolio Intermediate Term Corporate Bond ETF
Several large investors have recently modified their holdings of the business. Integrated Wealth Concepts LLC increased its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 17.5% during the 1st quarter. Integrated Wealth Concepts LLC now owns 142,200 shares of the company’s stock worth $4,727,000 after purchasing an additional 21,196 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 26.2% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 15,006 shares of the company’s stock valued at $504,000 after acquiring an additional 3,119 shares during the last quarter. Parallel Advisors LLC raised its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 336.2% in the 2nd quarter. Parallel Advisors LLC now owns 3,459 shares of the company’s stock valued at $116,000 after acquiring an additional 2,666 shares during the period. NBC Securities Inc. lifted its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 2,640.7% in the 2nd quarter. NBC Securities Inc. now owns 149,943 shares of the company’s stock worth $5,035,000 after acquiring an additional 144,472 shares during the last quarter. Finally, Bulwark Capital Corp purchased a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the 2nd quarter worth approximately $305,000.
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.
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