Abound Financial LLC Makes New $3.56 Million Investment in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB)

Abound Financial LLC acquired a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 108,724 shares of the company’s stock, valued at approximately $3,562,000. SPDR Portfolio Intermediate Term Corporate Bond ETF comprises approximately 1.8% of Abound Financial LLC’s investment portfolio, making the stock its 13th biggest holding.

Several other hedge funds also recently made changes to their positions in the company. Leuthold Group LLC grew its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 0.4% during the fourth quarter. Leuthold Group LLC now owns 429,917 shares of the company’s stock worth $14,084,000 after purchasing an additional 1,605 shares during the last quarter. Bogart Wealth LLC grew its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 1,412.0% during the fourth quarter. Bogart Wealth LLC now owns 1,391 shares of the company’s stock worth $46,000 after purchasing an additional 1,299 shares during the last quarter. AIFG Consultants Ltd. purchased a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the fourth quarter worth about $1,606,000. Collier Financial purchased a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the fourth quarter worth about $454,000. Finally, Burns Matteson Capital Management LLC grew its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 107.4% during the fourth quarter. Burns Matteson Capital Management LLC now owns 50,734 shares of the company’s stock worth $1,662,000 after purchasing an additional 26,269 shares during the last quarter.

SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Up 0.2 %

Shares of SPIB stock opened at $33.05 on Friday. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 1 year low of $31.98 and a 1 year high of $33.86. The stock’s 50-day moving average is $32.82 and its two-hundred day moving average is $33.13.

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.