Global Financial Private Client LLC Grows Stake in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB)

Global Financial Private Client LLC lifted its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 95.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,630 shares of the company’s stock after buying an additional 4,205 shares during the period. Global Financial Private Client LLC’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $283,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Richardson Financial Services Inc. boosted its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF by 34.3% in the 2nd quarter. Richardson Financial Services Inc. now owns 3,115 shares of the company’s stock worth $101,000 after acquiring an additional 795 shares during the period. NBC Securities Inc. lifted its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 22.2% during the third quarter. NBC Securities Inc. now owns 3,646 shares of the company’s stock worth $122,000 after purchasing an additional 663 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 145.5% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 5,014 shares of the company’s stock valued at $169,000 after purchasing an additional 2,972 shares during the period. IHT Wealth Management LLC acquired a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF during the 3rd quarter valued at $201,000. Finally, EverSource Wealth Advisors LLC increased its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 13.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 6,780 shares of the company’s stock worth $224,000 after buying an additional 812 shares during the period.

SPDR Portfolio Intermediate Term Corporate Bond ETF Price Performance

NYSEARCA:SPIB opened at $32.50 on Tuesday. The firm has a 50-day moving average of $32.94 and a two-hundred day moving average of $33.13. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 1-year low of $31.98 and a 1-year 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.