Crestwood Advisors Group LLC Purchases 3,229 Shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB)

Crestwood Advisors Group LLC increased its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 5.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,550 shares of the company’s stock after purchasing an additional 3,229 shares during the quarter. Crestwood Advisors Group LLC’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $1,918,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC grew its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 6.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 315,156 shares of the company’s stock worth $10,325,000 after buying an additional 18,376 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 33.4% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 895,404 shares of the company’s stock worth $30,184,000 after acquiring an additional 224,028 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF by 95.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 460,891 shares of the company’s stock valued at $15,537,000 after purchasing an additional 224,524 shares in the last quarter. True Link Financial Advisors LLC increased its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF by 38.6% during the 3rd quarter. True Link Financial Advisors LLC now owns 2,312,576 shares of the company’s stock valued at $77,957,000 after purchasing an additional 644,542 shares in the last quarter. Finally, Bartlett & CO. Wealth Management LLC raised its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 6.5% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 172,720 shares of the company’s stock valued at $5,658,000 after purchasing an additional 10,485 shares during the last quarter.

SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Performance

Shares of SPIB stock opened at $33.10 on Tuesday. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 52 week low of $31.98 and a 52 week high of $33.86. The stock’s fifty day moving average is $32.82 and its 200-day moving average is $33.14.

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.