Hilltop Partners LLC Has $1.58 Million Position in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB)

Hilltop Partners LLC cut its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 10.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 48,064 shares of the company’s stock after selling 5,390 shares during the quarter. Hilltop Partners LLC’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $1,575,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of SPIB. Captrust Financial Advisors increased its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 0.9% in the 3rd quarter. Captrust Financial Advisors now owns 39,305 shares of the company’s stock worth $1,325,000 after purchasing an additional 343 shares during the last quarter. Zhang Financial LLC grew its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 0.9% in the 4th quarter. Zhang Financial LLC now owns 40,055 shares of the company’s stock valued at $1,312,000 after buying an additional 354 shares in the last quarter. Creative Financial Designs Inc. ADV increased its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF by 13.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 7,471 shares of the company’s stock worth $252,000 after buying an additional 878 shares during the last quarter. Bogart Wealth LLC raised its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 1,412.0% during the fourth quarter. Bogart Wealth LLC now owns 1,391 shares of the company’s stock valued at $46,000 after acquiring an additional 1,299 shares in the last quarter. Finally, Leuthold Group LLC lifted its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 0.4% in the fourth quarter. Leuthold Group LLC now owns 429,917 shares of the company’s stock valued at $14,084,000 after acquiring an additional 1,605 shares during the last quarter.

SPDR Portfolio Intermediate Term Corporate Bond ETF Price Performance

SPIB stock opened at $33.21 on Friday. The firm has a 50 day moving average of $32.84 and a two-hundred day moving average of $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.

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.