Your Advocates Ltd. LLP purchased a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB – Free Report) in the 3rd quarter, HoldingsChannel reports. The fund purchased 753,285 shares of the company’s stock, valued at approximately $24,316,000. SPDR Portfolio Intermediate Term Corporate Bond ETF makes up about 6.9% of Your Advocates Ltd. LLP’s holdings, making the stock its 6th largest holding.
A number of other institutional investors have also modified their holdings of the company. Compass Financial Management LLC raised its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 73.8% during the 3rd quarter. Compass Financial Management LLC now owns 1,867 shares of the company’s stock worth $60,000 after acquiring an additional 793 shares in the last quarter. NBT Bank N.A. purchased a new position in SPDR Portfolio Intermediate Term Corporate Bond ETF in the third quarter worth $540,000. Root Financial Partners LLC acquired a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the third quarter worth $27,000. Fifth Third Securities Inc. purchased a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the 3rd quarter valued at $960,000. Finally, City State Bank purchased a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the 3rd quarter valued at $37,000.
SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Down 0.1%
Shares of SPDR Portfolio Intermediate Term Corporate Bond ETF stock traded down $0.03 during trading on Friday, reaching $32.67. The company’s stock had a trading volume of 5,674,350 shares, compared to its average volume of 7,394,339. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 1-year low of $32.08 and a 1-year high of $34.14. The company has a 50-day simple moving average of $32.55 and a two-hundred day simple moving average of $33.25.
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.
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Want to see what other hedge funds are holding SPIB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB – Free Report).
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