Appleton Partners Inc. MA Has $10.34 Million Stake in SPDR Portfolio Intermediate Term Corporate Bond ETF $SPIB

Appleton Partners Inc. MA raised its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 6.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 305,676 shares of the company’s stock after purchasing an additional 17,845 shares during the period. Appleton Partners Inc. MA owned 0.09% of SPDR Portfolio Intermediate Term Corporate Bond ETF worth $10,335,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. GoalVest Advisory LLC grew its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 7.9% in the 4th quarter. GoalVest Advisory LLC now owns 612,998 shares of the company’s stock valued at $20,725,000 after buying an additional 44,936 shares during the last quarter. Rosenberg Matthew Hamilton raised its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 61.8% during the fourth quarter. Rosenberg Matthew Hamilton now owns 28,373 shares of the company’s stock worth $959,000 after acquiring an additional 10,838 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 381.8% during the third quarter. JPMorgan Chase & Co. now owns 792,394 shares of the company’s stock worth $26,854,000 after acquiring an additional 627,933 shares during the last quarter. Triumph Capital Management acquired a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF in the third quarter worth approximately $28,000. Finally, IFP Advisors Inc lifted its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 22.9% in the third quarter. IFP Advisors Inc now owns 40,640 shares of the company’s stock worth $1,377,000 after acquiring an additional 7,573 shares during the period.

SPDR Portfolio Intermediate Term Corporate Bond ETF Trading Up 0.4%

Shares of SPIB stock opened at $33.46 on Tuesday. The business’s 50 day simple moving average is $33.84 and its 200 day simple moving average is $33.86. SPDR Portfolio Intermediate Term Corporate Bond ETF has a one year low of $32.38 and a one year high of $34.14.

SPDR Portfolio Intermediate Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a dividend of $0.1234 per share. This represents a c) annualized dividend and a dividend yield of 4.4%. This is a boost from SPDR Portfolio Intermediate Term Corporate Bond ETF’s previous monthly dividend of $0.12. The ex-dividend date was Monday, March 2nd.

SPDR Portfolio Intermediate Term Corporate Bond ETF 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.