Richardson Financial Services Inc. Grows Holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB)

Richardson Financial Services Inc. grew its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 34.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,115 shares of the company’s stock after purchasing an additional 795 shares during the quarter. Richardson Financial Services Inc.’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $101,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in SPIB. NBC Securities Inc. raised its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 34.1% in the 1st quarter. NBC Securities Inc. now owns 2,677 shares of the company’s stock valued at $87,000 after purchasing an additional 680 shares in the last quarter. ST Germain D J Co. Inc. boosted its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 7.6% during the 1st quarter. ST Germain D J Co. Inc. now owns 689,555 shares of the company’s stock valued at $22,542,000 after acquiring an additional 48,482 shares in the last quarter. Brevan Howard Capital Management LP bought a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF during the 4th quarter valued at $11,490,000. Hexagon Capital Partners LLC increased its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 10.4% in the 2nd quarter. Hexagon Capital Partners LLC now owns 4,956 shares of the company’s stock valued at $161,000 after acquiring an additional 468 shares during the period. Finally, Ashton Thomas Private Wealth LLC bought a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF in the 2nd quarter worth $69,000.

SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Performance

Shares of NYSEARCA SPIB opened at $33.73 on Friday. The business has a fifty day moving average price of $33.24 and a 200 day moving average price of $32.73. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 1-year low of $30.89 and a 1-year high of $33.83.

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.