SPDR Portfolio Intermediate Term Corporate Bond ETF $SPIB Shares Newly Purchased by Burns Matteson Capital Management LLC

Burns Matteson Capital Management LLC purchased a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 349,099 shares of the company’s stock, valued at approximately $11,269,000. SPDR Portfolio Intermediate Term Corporate Bond ETF accounts for about 3.9% of Burns Matteson Capital Management LLC’s portfolio, making the stock its 4th biggest holding.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF by 4.6% in the 2nd 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. OLD Second National Bank of Aurora grew its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 7.6% during the 1st quarter. OLD Second National Bank of Aurora now owns 5,684 shares of the company’s stock worth $191,000 after purchasing an additional 400 shares in the last quarter. Compass Financial Management LLC acquired a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the 2nd quarter worth approximately $36,000. Winch Advisory Services LLC increased its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 2.7% during the first quarter. Winch Advisory Services LLC now owns 74,093 shares of the company’s stock worth $2,485,000 after purchasing an additional 1,923 shares during the period. Finally, Davidson Trust Co. increased its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 6.0% during the first quarter. Davidson Trust Co. now owns 43,085 shares of the company’s stock worth $1,445,000 after purchasing an additional 2,437 shares during the period.

SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Performance

NYSEARCA SPIB opened at $32.47 on Friday. The company has a 50 day moving average of $32.72 and a 200-day moving average of $33.15. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 1-year low of $32.08 and a 1-year 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.