Farther Finance Advisors LLC Raises Stock Position in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB)

Farther Finance Advisors LLC lifted its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 95.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 460,891 shares of the company’s stock after buying an additional 224,524 shares during the quarter. SPDR Portfolio Intermediate Term Corporate Bond ETF comprises 0.6% of Farther Finance Advisors LLC’s portfolio, making the stock its 27th largest position. Farther Finance Advisors LLC’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $15,537,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of SPIB. Hexagon Capital Partners LLC grew its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 10.4% in the 2nd quarter. Hexagon Capital Partners LLC now owns 4,956 shares of the company’s stock worth $161,000 after buying an additional 468 shares during the period. Ashton Thomas Private Wealth LLC bought a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF during the second quarter worth about $69,000. 1620 Investment Advisors Inc. grew its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF by 4.1% in the second quarter. 1620 Investment Advisors Inc. now owns 123,804 shares of the company’s stock worth $4,031,000 after purchasing an additional 4,864 shares during the period. Foster & Motley Inc. grew its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF by 2.4% in the second quarter. Foster & Motley Inc. now owns 121,049 shares of the company’s stock worth $3,941,000 after purchasing an additional 2,829 shares during the period. Finally, Liberty Wealth Management LLC bought a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the second quarter valued at approximately $1,141,000.

SPDR Portfolio Intermediate Term Corporate Bond ETF Price Performance

Shares of SPIB opened at $32.87 on Friday. The business’s 50 day moving average price is $33.47 and its 200-day moving average price is $32.92. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 52 week low of $31.31 and a 52 week high of $33.86.

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.