Crestwood Advisors Group LLC Sells 995 Shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB)

Crestwood Advisors Group LLC lowered its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 12.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 6,805 shares of the company’s stock after selling 995 shares during the quarter. Crestwood Advisors Group LLC’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $223,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. West Michigan Advisors LLC increased its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF by 9.9% during the 1st quarter. West Michigan Advisors LLC now owns 8,786 shares of the company’s stock worth $300,000 after acquiring an additional 789 shares during the period. Captrust Financial Advisors increased its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF by 9.2% during the 2nd quarter. Captrust Financial Advisors now owns 248,798 shares of the company’s stock worth $8,093,000 after acquiring an additional 20,942 shares during the period. Credit Suisse AG grew its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 27.8% in the 3rd quarter. Credit Suisse AG now owns 15,736 shares of the company’s stock worth $493,000 after buying an additional 3,426 shares in the last quarter. Bank of New York Mellon Corp grew its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 6.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 65,317 shares of the company’s stock worth $2,046,000 after buying an additional 3,865 shares in the last quarter. Finally, BNP Paribas Arbitrage SNC purchased a new position in SPDR Portfolio Intermediate Term Corporate Bond ETF in the 3rd quarter worth approximately $470,000.

SPDR Portfolio Intermediate Term Corporate Bond ETF Price Performance

SPIB stock opened at $32.09 on Tuesday. SPDR Portfolio Intermediate Term Corporate Bond ETF has a one year low of $30.89 and a one year high of $32.97. The firm has a 50 day simple moving average of $32.51 and a two-hundred day simple moving average of $32.22.

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.