Janney Montgomery Scott LLC Purchases 40,305 Shares of SPDR Portfolio Intermediate Term Corporate Bond ETF $SPIB

Janney Montgomery Scott LLC lifted its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 11.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 387,212 shares of the company’s stock after purchasing an additional 40,305 shares during the quarter. Janney Montgomery Scott LLC’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $12,987,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. OLD Second National Bank of Aurora raised its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 7.6% in the first quarter. OLD Second National Bank of Aurora now owns 5,684 shares of the company’s stock valued at $191,000 after purchasing an additional 400 shares in the last quarter. Foster & Motley Inc. boosted its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 30.6% during the first quarter. Foster & Motley Inc. now owns 356,638 shares of the company’s stock worth $11,962,000 after buying an additional 83,475 shares in the last quarter. Davidson Trust Co. increased its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF by 6.0% in the 1st quarter. Davidson Trust Co. now owns 43,085 shares of the company’s stock valued at $1,445,000 after buying an additional 2,437 shares during the period. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF in the 4th quarter valued at $142,000. Finally, IHT Wealth Management LLC raised its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 488.2% in the 4th quarter. IHT Wealth Management LLC now owns 47,205 shares of the company’s stock valued at $1,596,000 after buying an additional 39,180 shares in the last quarter.

SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Down 0.4%

NYSEARCA:SPIB opened at $33.31 on Thursday. The company has a 50-day moving average of $33.43 and a 200-day moving average of $33.65. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 52 week low of $33.15 and a 52 week high of $34.14.

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. SPIB was launched on Feb 10, 2009 and is managed by State Street.