SPDR Portfolio Intermediate Term Corporate Bond ETF $SPIB Shares Purchased by Burns Matteson Capital Management LLC

Burns Matteson Capital Management LLC lifted its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 59.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 269,322 shares of the company’s stock after acquiring an additional 100,840 shares during the period. SPDR Portfolio Intermediate Term Corporate Bond ETF makes up approximately 2.8% of Burns Matteson Capital Management LLC’s portfolio, making the stock its 4th biggest position. Burns Matteson Capital Management LLC owned approximately 0.08% of SPDR Portfolio Intermediate Term Corporate Bond ETF worth $9,106,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. American Family Investments Inc. boosted its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 81.1% during the 3rd quarter. American Family Investments Inc. now owns 9,604,000 shares of the company’s stock valued at $325,480,000 after purchasing an additional 4,300,000 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF by 88.4% in the second quarter. Ameriprise Financial Inc. now owns 5,407,199 shares of the company’s stock worth $181,617,000 after purchasing an additional 2,537,710 shares in the last quarter. Orange Investment Advisors Inc. increased its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF by 6.2% in the third quarter. Orange Investment Advisors Inc. now owns 1,307,674 shares of the company’s stock worth $44,317,000 after purchasing an additional 75,895 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. lifted its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 2.1% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 881,666 shares of the company’s stock valued at $29,834,000 after buying an additional 17,851 shares during the period. Finally, ST Germain D J Co. Inc. boosted its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 1.2% during the 3rd quarter. ST Germain D J Co. Inc. now owns 874,440 shares of the company’s stock worth $29,635,000 after buying an additional 10,184 shares in the last quarter.

SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Performance

SPDR Portfolio Intermediate Term Corporate Bond ETF stock opened at $33.54 on Wednesday. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 52-week low of $32.38 and a 52-week high of $34.14. The stock’s 50 day moving average price is $33.78 and its two-hundred day moving average price is $33.84.

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