Collier Financial Acquires New Stake in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB)

Collier Financial acquired a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 13,855 shares of the company’s stock, valued at approximately $454,000. SPDR Portfolio Intermediate Term Corporate Bond ETF accounts for 0.4% of Collier Financial’s portfolio, making the stock its 25th biggest position.

Several other hedge funds have also recently made changes to their positions in SPIB. NBC Securities Inc. boosted its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 22.2% during the third quarter. NBC Securities Inc. now owns 3,646 shares of the company’s stock worth $122,000 after purchasing an additional 663 shares during the period. Richardson Financial Services Inc. grew its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 61.4% in the 3rd quarter. Richardson Financial Services Inc. now owns 5,029 shares of the company’s stock valued at $166,000 after buying an additional 1,914 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF by 145.5% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 5,014 shares of the company’s stock valued at $169,000 after acquiring an additional 2,972 shares during the period. OLD Second National Bank of Aurora lifted its position in shares of 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 acquiring an additional 2,467 shares in the last quarter. Finally, IHT Wealth Management LLC bought a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF in the third quarter worth $201,000.

SPDR Portfolio Intermediate Term Corporate Bond ETF Trading Up 0.1 %

NYSEARCA:SPIB opened at $32.88 on Tuesday. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 52-week low of $31.98 and a 52-week high of $33.86. The business’s fifty day moving average is $32.86 and its 200 day moving average is $33.14.

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.