Strategic Investment Advisors MI Raises Position in SPDR Portfolio Intermediate Term Corporate Bond ETF $SPIB

Strategic Investment Advisors MI boosted its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 71.7% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 204,494 shares of the company’s stock after buying an additional 85,383 shares during the period. Strategic Investment Advisors MI’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $6,855,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Ameriprise Financial Inc. grew its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 88.4% during 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 in the last quarter. American Family Investments Inc. purchased a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF in the 2nd quarter valued at about $178,108,000. Migdal Insurance & Financial Holdings Ltd. boosted its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 8.2% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 953,744 shares of the company’s stock valued at $32,246,000 after acquiring an additional 72,078 shares during the last quarter. RMG Wealth Management LLC bought a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the 1st quarter valued at about $29,366,000. Finally, Bartlett & CO. Wealth Management LLC grew its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 25.5% during the first quarter. Bartlett & CO. Wealth Management LLC now owns 847,751 shares of the company’s stock worth $28,408,000 after purchasing an additional 172,378 shares in the last quarter.

SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Performance

SPIB stock opened at $33.13 on Thursday. The company’s 50 day moving average is $33.33 and its 200 day moving average is $33.56. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 1-year low of $33.03 and a 1-year high of $34.14.

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. SPIB was launched on Feb 10, 2009 and is managed by State Street.