SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) Shares Sold by 1620 Investment Advisors Inc.

1620 Investment Advisors Inc. decreased its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 2.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 123,242 shares of the company’s stock after selling 3,153 shares during the period. SPDR Portfolio Intermediate Term Corporate Bond ETF comprises 3.1% of 1620 Investment Advisors Inc.’s portfolio, making the stock its biggest position. 1620 Investment Advisors Inc.’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $4,037,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Janney Montgomery Scott LLC increased its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 6.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 315,156 shares of the company’s stock valued at $10,325,000 after purchasing an additional 18,376 shares in the last quarter. True Link Financial Advisors LLC increased its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 38.5% in the fourth quarter. True Link Financial Advisors LLC now owns 3,203,828 shares of the company’s stock valued at $104,957,000 after purchasing an additional 891,252 shares in the last quarter. Bartlett & CO. Wealth Management LLC increased its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 6.5% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 172,720 shares of the company’s stock valued at $5,658,000 after purchasing an additional 10,485 shares in the last quarter. Richardson Financial Services Inc. increased its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 150.0% in the fourth quarter. Richardson Financial Services Inc. now owns 12,574 shares of the company’s stock valued at $412,000 after purchasing an additional 7,545 shares in the last quarter. Finally, ST Germain D J Co. Inc. increased its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 9.1% in the fourth quarter. ST Germain D J Co. Inc. now owns 785,960 shares of the company’s stock valued at $25,748,000 after purchasing an additional 65,428 shares in the last quarter.

SPDR Portfolio Intermediate Term Corporate Bond ETF Price Performance

Shares of SPDR Portfolio Intermediate Term Corporate Bond ETF stock opened at $33.19 on Friday. The firm has a 50 day simple moving average of $32.96 and a 200 day simple moving average of $33.11. SPDR Portfolio Intermediate Term Corporate Bond ETF has a fifty-two week low of $31.98 and a fifty-two week 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.