Gentry Private Wealth LLC purchased a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 100,759 shares of the company’s stock, valued at approximately $3,281,000. SPDR Portfolio Intermediate Term Corporate Bond ETF makes up 2.9% of Gentry Private Wealth LLC’s investment portfolio, making the stock its 5th largest holding.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Brevan Howard Capital Management LP acquired a new position in SPDR Portfolio Intermediate Term Corporate Bond ETF during the 4th quarter worth about $11,490,000. OLD Mission Capital LLC acquired a new position in SPDR Portfolio Intermediate Term Corporate Bond ETF in the 4th quarter valued at about $10,909,000. True Link Financial Advisors LLC raised its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 23.1% during the first quarter. True Link Financial Advisors LLC now owns 1,594,985 shares of the company’s stock worth $52,140,000 after purchasing an additional 299,261 shares during the last quarter. Leuthold Group LLC acquired a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF in the 1st quarter worth $9,285,000. Finally, Confluence Investment Management LLC acquired a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF in the 1st quarter valued at approximately $8,067,000.
SPDR Portfolio Intermediate Term Corporate Bond ETF Price Performance
Shares of NYSEARCA:SPIB opened at $33.58 on Friday. The business’s 50 day simple moving average is $33.07 and its 200-day simple moving average is $32.66. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 12 month low of $30.89 and a 12 month high of $33.67.
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.
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