SPDR Portfolio Intermediate Term Corporate Bond ETF $SPIB Shares Bought by Leuthold Group LLC

Leuthold Group LLC raised its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 8.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 420,225 shares of the company’s stock after purchasing an additional 31,696 shares during the period. SPDR Portfolio Intermediate Term Corporate Bond ETF accounts for approximately 1.6% of Leuthold Group LLC’s holdings, making the stock its 10th biggest holding. Leuthold Group LLC owned 0.13% of SPDR Portfolio Intermediate Term Corporate Bond ETF worth $14,241,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. GoalVest Advisory LLC raised its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 8.2% during the third quarter. GoalVest Advisory LLC now owns 568,062 shares of the company’s stock valued at $19,252,000 after buying an additional 43,119 shares in the last quarter. Crews Bank & Trust increased its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 18.4% in the 3rd quarter. Crews Bank & Trust now owns 662,460 shares of the company’s stock valued at $22,451,000 after acquiring an additional 102,871 shares during the last quarter. Orange Investment Advisors Inc. raised its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 6.2% during the 3rd quarter. Orange Investment Advisors Inc. now owns 1,307,674 shares of the company’s stock valued at $44,317,000 after acquiring an additional 75,895 shares in the last quarter. Alteri Wealth LLC bought a new position in SPDR Portfolio Intermediate Term Corporate Bond ETF during the second quarter worth $202,000. Finally, Davidson Trust Co. boosted its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF by 35.3% in the second quarter. Davidson Trust Co. now owns 27,328 shares of the company’s stock worth $918,000 after purchasing an additional 7,127 shares during the period.

SPDR Portfolio Intermediate Term Corporate Bond ETF Trading Down 0.1%

SPIB stock opened at $33.88 on Thursday. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 1-year low of $32.38 and a 1-year high of $34.08. The firm has a fifty day moving average price of $33.84 and a two-hundred day moving average price of $33.82.

SPDR Portfolio Intermediate Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a dividend of $0.1212 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.3%.

SPDR Portfolio Intermediate Term Corporate Bond ETF 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. SPIB was launched on Feb 10, 2009 and is managed by State Street.