Migdal Insurance & Financial Holdings Ltd. lifted its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB – Free Report) by 2.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 881,666 shares of the company’s stock after acquiring an additional 17,851 shares during the quarter. Migdal Insurance & Financial Holdings Ltd. owned approximately 0.28% of SPDR Portfolio Intermediate Term Corporate Bond ETF worth $29,834,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Municipal Employees Retirement System of Michigan increased its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 7,799.4% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 12,968,096 shares of the company’s stock valued at $435,469,000 after purchasing an additional 12,803,930 shares during the period. American Family Investments Inc. bought a new position in SPDR Portfolio Intermediate Term Corporate Bond ETF in the second quarter worth about $178,108,000. Ameriprise Financial Inc. lifted its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF by 88.4% in the second quarter. Ameriprise Financial Inc. now owns 5,407,199 shares of the company’s stock worth $181,617,000 after buying an additional 2,537,710 shares during the period. RMG Wealth Management LLC purchased a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the 2nd quarter worth approximately $23,597,000. Finally, Bartlett & CO. Wealth Management LLC raised its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 229.6% in the 3rd quarter. Bartlett & CO. Wealth Management LLC now owns 565,498 shares of the company’s stock worth $19,165,000 after acquiring an additional 393,948 shares in the last quarter.
SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Down 0.2%
Shares of SPIB stock opened at $33.77 on Wednesday. The business’s fifty day moving average is $33.84 and its 200 day moving average is $33.77. SPDR Portfolio Intermediate Term Corporate Bond ETF has a twelve month low of $32.38 and a twelve month high of $34.08.
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. SPIB was launched on Feb 10, 2009 and is managed by State Street.
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