Burns Matteson Capital Management LLC Acquires 26,269 Shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB)

Burns Matteson Capital Management LLC grew its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 107.4% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 50,734 shares of the company’s stock after purchasing an additional 26,269 shares during the period. SPDR Portfolio Intermediate Term Corporate Bond ETF comprises approximately 0.8% of Burns Matteson Capital Management LLC’s portfolio, making the stock its 25th biggest position. Burns Matteson Capital Management LLC’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $1,662,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 145.5% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 5,014 shares of the company’s stock valued at $169,000 after purchasing an additional 2,972 shares during the last quarter. NBC Securities Inc. increased its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 22.2% in the 3rd quarter. NBC Securities Inc. now owns 3,646 shares of the company’s stock valued at $122,000 after buying an additional 663 shares during the last quarter. ST Germain D J Co. Inc. lifted its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 2.3% during the 3rd quarter. ST Germain D J Co. Inc. now owns 720,532 shares of the company’s stock worth $24,289,000 after buying an additional 16,042 shares in the last quarter. Winch Advisory Services LLC boosted its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 3.5% in the 3rd quarter. Winch Advisory Services LLC now owns 49,464 shares of the company’s stock worth $1,667,000 after buying an additional 1,688 shares during the last quarter. Finally, Richardson Financial Services Inc. grew its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 61.4% in the third quarter. Richardson Financial Services Inc. now owns 5,029 shares of the company’s stock valued at $166,000 after acquiring an additional 1,914 shares in the last quarter.

SPDR Portfolio Intermediate Term Corporate Bond ETF Trading Down 0.2 %

Shares of SPDR Portfolio Intermediate Term Corporate Bond ETF stock opened at $32.86 on Monday. The business’s fifty day simple moving average is $32.87 and its 200 day simple moving average is $33.14. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 12 month low of $31.98 and a 12 month high of $33.86.

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.