SPDR Bloomberg International Corporate Bond ETF $IBND is Israel Discount Bank of New York’s Largest Position

Israel Discount Bank of New York lifted its stake in SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) by 77.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 114,358 shares of the company’s stock after acquiring an additional 49,993 shares during the quarter. SPDR Bloomberg International Corporate Bond ETF comprises 10.0% of Israel Discount Bank of New York’s portfolio, making the stock its largest holding. Israel Discount Bank of New York’s holdings in SPDR Bloomberg International Corporate Bond ETF were worth $3,672,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its position in SPDR Bloomberg International Corporate Bond ETF by 35.1% during the third quarter. Envestnet Asset Management Inc. now owns 89,507 shares of the company’s stock valued at $2,890,000 after acquiring an additional 23,276 shares in the last quarter. Lam Group Inc. raised its position in SPDR Bloomberg International Corporate Bond ETF by 23.1% during the third quarter. Lam Group Inc. now owns 280,855 shares of the company’s stock valued at $9,069,000 after acquiring an additional 52,665 shares in the last quarter. Aspect Partners LLC bought a new position in SPDR Bloomberg International Corporate Bond ETF during the fourth quarter valued at approximately $2,038,000. Farther Finance Advisors LLC raised its position in SPDR Bloomberg International Corporate Bond ETF by 26.9% during the fourth quarter. Farther Finance Advisors LLC now owns 1,285,819 shares of the company’s stock valued at $41,288,000 after acquiring an additional 272,654 shares in the last quarter. Finally, Synergy Asset Management LLC raised its position in SPDR Bloomberg International Corporate Bond ETF by 100.0% during the third quarter. Synergy Asset Management LLC now owns 234,496 shares of the company’s stock valued at $7,642,000 after acquiring an additional 117,248 shares in the last quarter.

SPDR Bloomberg International Corporate Bond ETF Stock Down 0.8%

Shares of IBND opened at $31.81 on Wednesday. The firm’s 50 day moving average price is $31.73 and its 200 day moving average price is $31.94. SPDR Bloomberg International Corporate Bond ETF has a twelve month low of $30.30 and a twelve month high of $33.20.

SPDR Bloomberg International Corporate Bond ETF Profile

SPDR Barclays International Corporate Bond ETF (the Fund), formerly SPDR Barclays Capital International Corporate Bond ETF, seeks to provide investment results that correspond generally to the price and yield performance of the Barclays Capital Global Aggregate ex-USD > $1B: Corporate Bond Index (the Index), an index that tracks the investment-grade corporate sector of the global bond market outside of the United States. The Index is designed to be a broad based measure of the global investment-grade, fixed-rate, fixed-income corporate markets outside the United States.