Davidson Trust Co. Raises Holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB)

Davidson Trust Co. grew its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 9.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,061 shares of the company’s stock after buying an additional 2,067 shares during the period. Davidson Trust Co.’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $757,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Prime Capital Investment Advisors LLC bought a new position in SPDR Portfolio Intermediate Term Corporate Bond ETF in the 4th quarter worth about $878,000. Hudson Valley Investment Advisors Inc. ADV increased its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 15.6% in the 3rd quarter. Hudson Valley Investment Advisors Inc. ADV now owns 733,865 shares of the company’s stock worth $23,080,000 after acquiring an additional 98,852 shares during the last quarter. Anchor Investment Management LLC bought a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the 4th quarter valued at about $37,000. Fidelity D & D Bancorp Inc. bought a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the 3rd quarter valued at about $5,421,000. Finally, Appleton Partners Inc. MA increased its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 4.9% during the 4th quarter. Appleton Partners Inc. MA now owns 230,020 shares of the company’s stock valued at $7,552,000 after purchasing an additional 10,667 shares during the last quarter.

SPDR Portfolio Intermediate Term Corporate Bond ETF Price Performance

Shares of SPDR Portfolio Intermediate Term Corporate Bond ETF stock traded up $0.05 during trading on Friday, hitting $32.11. 708,642 shares of the stock traded hands, compared to its average volume of 4,296,811. The firm’s fifty day moving average is $32.48 and its 200-day moving average is $32.22. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 52 week low of $30.89 and a 52 week high of $32.97.

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.