Foster & Motley Inc. Acquires 2,829 Shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB)

Foster & Motley Inc. lifted its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 2.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 121,049 shares of the company’s stock after acquiring an additional 2,829 shares during the quarter. Foster & Motley Inc.’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $3,941,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of SPIB. Hexagon Capital Partners LLC raised its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 10.4% in the second quarter. Hexagon Capital Partners LLC now owns 4,956 shares of the company’s stock valued at $161,000 after purchasing an additional 468 shares during the period. Summit Financial LLC grew its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 0.8% during the 2nd quarter. Summit Financial LLC now owns 79,143 shares of the company’s stock worth $2,577,000 after purchasing an additional 616 shares in the last quarter. NBC Securities Inc. increased its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 34.1% in the first quarter. NBC Securities Inc. now owns 2,677 shares of the company’s stock worth $87,000 after purchasing an additional 680 shares during the period. Parallel Advisors LLC raised its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 100.9% in the fourth quarter. Parallel Advisors LLC now owns 1,593 shares of the company’s stock valued at $52,000 after purchasing an additional 800 shares in the last quarter. Finally, Able Wealth Management LLC bought a new position in SPDR Portfolio Intermediate Term Corporate Bond ETF in the fourth quarter valued at approximately $29,000.

SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Up 0.0 %

NYSEARCA SPIB traded up $0.01 during trading hours on Thursday, reaching $33.49. The company’s stock had a trading volume of 493,778 shares, compared to its average volume of 4,005,570. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 52 week low of $30.89 and a 52 week high of $33.56. The firm has a fifty day simple moving average of $33.03 and a 200-day simple moving average of $32.65.

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.