IAG Wealth Partners LLC Makes New Investment in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB)

IAG Wealth Partners LLC purchased a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,180 shares of the company’s stock, valued at approximately $166,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Winch Advisory Services LLC increased its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 5.6% during the second quarter. Winch Advisory Services LLC now owns 18,390 shares of the company’s stock worth $591,000 after purchasing an additional 979 shares during the period. SlateStone Wealth LLC purchased a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the second quarter worth approximately $259,000. Duff & Phelps Investment Management Co. increased its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 0.9% during the second quarter. Duff & Phelps Investment Management Co. now owns 343,905 shares of the company’s stock worth $11,043,000 after buying an additional 3,150 shares during the period. Hilltop Partners LLC increased its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 3.7% during the second quarter. Hilltop Partners LLC now owns 16,547 shares of the company’s stock worth $531,000 after buying an additional 586 shares during the period. Finally, Private Trust Co. NA increased its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 10.7% during the second quarter. Private Trust Co. NA now owns 32,706 shares of the company’s stock worth $1,050,000 after buying an additional 3,165 shares during the period.

SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Down 0.1 %

Shares of SPIB stock traded down $0.02 during trading hours on Monday, reaching $31.80. 305,067 shares of the stock were exchanged, compared to its average volume of 5,652,232. The business’s fifty day moving average is $31.39 and its two-hundred day moving average is $31.81. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 12-month low of $30.89 and a 12-month high of $32.91.

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.