SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $33.86 and last traded at $33.75, with a volume of 48579 shares trading hands. The stock had previously closed at $33.77.
SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Performance
The stock’s fifty day moving average is $33.28 and its two-hundred day moving average is $32.75.
Institutional Investors Weigh In On SPDR Portfolio Intermediate Term Corporate Bond ETF
Hedge funds have recently made changes to their positions in the company. Brevan Howard Capital Management LP bought a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the 4th quarter valued at $11,490,000. OLD Mission Capital LLC purchased a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF in the fourth quarter worth approximately $10,909,000. True Link Financial Advisors LLC boosted its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 23.1% in the 1st quarter. True Link Financial Advisors LLC now owns 1,594,985 shares of the company’s stock valued at $52,140,000 after buying an additional 299,261 shares during the period. Leuthold Group LLC purchased a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF in the first quarter worth about $9,285,000. Finally, Confluence Investment Management LLC purchased a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the 1st quarter worth $8,067,000.
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.
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