SPDR Portfolio Intermediate Term Corporate Bond ETF $SPIB Shares Bought by Foster & Motley Inc.

Foster & Motley Inc. grew its position in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 30.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 356,638 shares of the company’s stock after buying an additional 83,475 shares during the quarter. Foster & Motley Inc. owned 0.11% of SPDR Portfolio Intermediate Term Corporate Bond ETF worth $11,962,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Baird Financial Group Inc. grew its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 4.9% in the 2nd quarter. Baird Financial Group Inc. now owns 15,370 shares of the company’s stock valued at $516,000 after acquiring an additional 719 shares during the last quarter. NewEdge Advisors LLC increased its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF by 0.7% during the 2nd quarter. NewEdge Advisors LLC now owns 80,410 shares of the company’s stock valued at $2,700,000 after acquiring an additional 582 shares in the last quarter. Ameriprise Financial Inc. raised its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 88.4% during the second quarter. Ameriprise Financial Inc. now owns 5,407,199 shares of the company’s stock worth $181,617,000 after acquiring an additional 2,537,710 shares during the last quarter. WFA of San Diego LLC acquired a new position in SPDR Portfolio Intermediate Term Corporate Bond ETF during the second quarter worth about $40,000. Finally, Fidelity D & D Bancorp Inc. lifted its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 10.2% in the second quarter. Fidelity D & D Bancorp Inc. now owns 203,346 shares of the company’s stock valued at $6,828,000 after purchasing an additional 18,739 shares in the last quarter.

SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Up 0.1%

Shares of NYSEARCA SPIB opened at $33.49 on Friday. The firm’s 50-day moving average is $33.45 and its two-hundred day moving average is $33.66. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 12-month low of $33.15 and a 12-month high of $34.14.

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. SPIB was launched on Feb 10, 2009 and is managed by State Street.