Shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB – Get Free Report) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $33.15 and last traded at $33.17, with a volume of 2209199 shares. The stock had previously closed at $33.22.
SPDR Portfolio Intermediate Term Corporate Bond ETF Trading Down 0.2%
The firm’s 50 day simple moving average is $33.39 and its 200-day simple moving average is $33.62.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Baird Financial Group Inc. grew its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 4.9% in the second quarter. Baird Financial Group Inc. now owns 15,370 shares of the company’s stock valued at $516,000 after purchasing an additional 719 shares in the last quarter. NewEdge Advisors LLC boosted its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 0.7% during the second quarter. NewEdge Advisors LLC now owns 80,410 shares of the company’s stock worth $2,700,000 after buying an additional 582 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 88.4% during the second quarter. Ameriprise Financial Inc. now owns 5,407,199 shares of the company’s stock worth $181,617,000 after buying an additional 2,537,710 shares during the last quarter. WFA of San Diego LLC purchased a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF in the 2nd quarter valued at $40,000. Finally, Fidelity D & D Bancorp Inc. increased its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 10.2% in the 2nd quarter. Fidelity D & D Bancorp Inc. now owns 203,346 shares of the company’s stock worth $6,828,000 after acquiring an additional 18,739 shares during the last quarter.
About SPDR Portfolio Intermediate Term Corporate Bond ETF
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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