Manning & Napier Advisors LLC Boosts Stake in SPDR Portfolio Intermediate Term Corporate Bond ETF $SPIB

Manning & Napier Advisors LLC increased its position in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 320.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 628,376 shares of the company’s stock after purchasing an additional 479,097 shares during the quarter. Manning & Napier Advisors LLC owned approximately 0.19% of SPDR Portfolio Intermediate Term Corporate Bond ETF worth $21,076,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Community Bank N.A. lifted its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 1.0% during the fourth quarter. Community Bank N.A. now owns 36,854 shares of the company’s stock valued at $1,246,000 after buying an additional 360 shares during the period. OLD Second National Bank of Aurora increased its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 7.6% in the 1st quarter. OLD Second National Bank of Aurora now owns 5,684 shares of the company’s stock worth $191,000 after acquiring an additional 400 shares in the last quarter. Fifth Third Securities Inc. lifted its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 1.5% during the 4th quarter. Fifth Third Securities Inc. now owns 26,732 shares of the company’s stock valued at $904,000 after acquiring an additional 405 shares during the period. Alteri Wealth LLC boosted its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 6.0% during the fourth quarter. Alteri Wealth LLC now owns 9,872 shares of the company’s stock worth $334,000 after acquiring an additional 556 shares in the last quarter. Finally, NewEdge Advisors LLC grew its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF by 0.7% in the second quarter. NewEdge Advisors LLC now owns 80,410 shares of the company’s stock worth $2,700,000 after purchasing an additional 582 shares during the period.

SPDR Portfolio Intermediate Term Corporate Bond ETF Price Performance

Shares of NYSEARCA SPIB traded down $0.05 on Friday, reaching $33.22. 6,343,733 shares of the company’s stock traded hands, compared to its average volume of 8,012,541. The business’s 50 day simple moving average is $33.39 and its two-hundred day simple moving average is $33.62. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 12 month low of $33.15 and a 12 month high of $34.14.

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.