885 Shares in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) Acquired by Able Wealth Management LLC

Able Wealth Management LLC acquired a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 885 shares of the company’s stock, valued at approximately $29,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. True Link Financial Advisors LLC bought a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF in the 4th quarter valued at $42,539,000. Hudson Valley Investment Advisors Inc. ADV boosted its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 14.3% during the fourth quarter. Hudson Valley Investment Advisors Inc. ADV now owns 838,784 shares of the company’s stock valued at $27,386,000 after purchasing an additional 104,919 shares in the last quarter. Duff & Phelps Investment Management Co. grew its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 1.4% during the fourth quarter. Duff & Phelps Investment Management Co. now owns 352,055 shares of the company’s stock worth $11,558,000 after purchasing an additional 4,800 shares during the last quarter. Brevan Howard Capital Management LP acquired a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF in the fourth quarter valued at approximately $11,490,000. Finally, OLD Mission Capital LLC bought a new position in SPDR Portfolio Intermediate Term Corporate Bond ETF in the 4th quarter valued at approximately $10,909,000.

SPDR Portfolio Intermediate Term Corporate Bond ETF Trading Up 0.0 %

NYSEARCA:SPIB opened at $32.68 on Friday. SPDR Portfolio Intermediate Term Corporate Bond ETF has a one year low of $30.89 and a one year high of $32.97. The firm’s 50 day simple moving average is $32.34 and its 200 day simple moving average is $32.50.

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.