Abound Financial LLC Acquires New Shares in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB)

Abound Financial LLC acquired a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 108,724 shares of the company’s stock, valued at approximately $3,562,000. SPDR Portfolio Intermediate Term Corporate Bond ETF comprises about 1.8% of Abound Financial LLC’s portfolio, making the stock its 13th largest position.

Other large investors also recently added to or reduced their stakes in the company. Bogart Wealth LLC lifted its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 1,412.0% during the fourth quarter. Bogart Wealth LLC now owns 1,391 shares of the company’s stock worth $46,000 after purchasing an additional 1,299 shares in the last quarter. Richardson Financial Services Inc. lifted its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 61.4% during the third quarter. Richardson Financial Services Inc. now owns 5,029 shares of the company’s stock worth $166,000 after purchasing an additional 1,914 shares in the last quarter. OLD Second National Bank of Aurora lifted its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 71.7% during the fourth quarter. OLD Second National Bank of Aurora now owns 5,910 shares of the company’s stock worth $194,000 after purchasing an additional 2,467 shares in the last quarter. IHT Wealth Management LLC acquired a new position in SPDR Portfolio Intermediate Term Corporate Bond ETF during the third quarter worth $201,000. Finally, Rosenberg Matthew Hamilton lifted its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 465.0% during the fourth quarter. Rosenberg Matthew Hamilton now owns 6,803 shares of the company’s stock worth $223,000 after purchasing an additional 5,599 shares in the last quarter.

SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Performance

NYSEARCA:SPIB opened at $33.05 on Friday. The stock’s fifty day moving average is $32.82 and its two-hundred day moving average is $33.13. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 52 week low of $31.98 and a 52 week high of $33.86.

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.