SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) Position Raised by True Link Financial Advisors LLC

True Link Financial Advisors LLC grew its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 38.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,312,576 shares of the company’s stock after buying an additional 644,542 shares during the quarter. SPDR Portfolio Intermediate Term Corporate Bond ETF accounts for 6.6% of True Link Financial Advisors LLC’s portfolio, making the stock its 5th largest position. True Link Financial Advisors LLC owned about 0.93% of SPDR Portfolio Intermediate Term Corporate Bond ETF worth $77,957,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the company. ST Germain D J Co. Inc. raised its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 2.3% in the third quarter. ST Germain D J Co. Inc. now owns 720,532 shares of the company’s stock worth $24,289,000 after acquiring an additional 16,042 shares during the period. Leuthold Group LLC raised its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 51.3% in the third quarter. Leuthold Group LLC now owns 428,312 shares of the company’s stock worth $14,438,000 after acquiring an additional 145,229 shares during the period. Duff & Phelps Investment Management Co. raised its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 1.1% in the second quarter. Duff & Phelps Investment Management Co. now owns 358,315 shares of the company’s stock worth $11,667,000 after acquiring an additional 3,860 shares during the period. Janney Montgomery Scott LLC raised its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 5.5% in the first quarter. Janney Montgomery Scott LLC now owns 291,392 shares of the company’s stock worth $9,526,000 after acquiring an additional 15,288 shares during the period. Finally, Appleton Partners Inc. MA increased its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 5.1% in the third quarter. Appleton Partners Inc. MA now owns 245,497 shares of the company’s stock worth $8,276,000 after purchasing an additional 11,950 shares in the last quarter.

SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Performance

Shares of NYSEARCA SPIB traded down $0.03 during midday trading on Tuesday, reaching $33.09. The stock had a trading volume of 341,117 shares, compared to its average volume of 4,084,542. The stock has a 50-day moving average of $33.49 and a 200-day moving average of $32.92. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 12-month low of $31.02 and a 12-month high of $33.86.

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.