Parallel Advisors LLC Decreases Stock Position in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB)

Parallel Advisors LLC cut its position in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 76.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 793 shares of the company’s stock after selling 2,558 shares during the quarter. Parallel Advisors LLC’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $26,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ameriflex Group Inc. purchased a new position in SPDR Portfolio Intermediate Term Corporate Bond ETF in the fourth quarter valued at about $33,000. Bogart Wealth LLC boosted its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 1,412.0% during the 4th quarter. Bogart Wealth LLC now owns 1,391 shares of the company’s stock valued at $46,000 after buying an additional 1,299 shares during the last quarter. Columbia River Financial Group LLC purchased a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the 4th quarter valued at approximately $232,000. IHT Wealth Management LLC boosted its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 20.5% during the 4th quarter. IHT Wealth Management LLC now owns 7,200 shares of the company’s stock valued at $236,000 after buying an additional 1,224 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 15.5% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 8,630 shares of the company’s stock valued at $283,000 after acquiring an additional 1,159 shares during the last quarter.

SPDR Portfolio Intermediate Term Corporate Bond ETF Trading Up 0.2%

NYSEARCA SPIB opened at $33.09 on Tuesday. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 12 month low of $32.34 and a 12 month high of $33.86. The company’s fifty day moving average price is $33.03 and its two-hundred day moving average price is $32.99.

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.