Cornerstone Planning Group LLC Lowers Holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB)

Cornerstone Planning Group LLC decreased its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 91.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,220 shares of the company’s stock after selling 24,890 shares during the quarter. Cornerstone Planning Group LLC’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $74,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Hilltop Partners LLC raised its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 2.1% in the first quarter. Hilltop Partners LLC now owns 47,781 shares of the company’s stock worth $1,562,000 after buying an additional 998 shares in the last quarter. Global Financial Private Client LLC raised its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 167.4% in the 1st quarter. Global Financial Private Client LLC now owns 4,425 shares of the company’s stock worth $144,000 after acquiring an additional 2,770 shares in the last quarter. Redwood Investment Management LLC purchased a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the 1st quarter worth $321,000. Appleton Partners Inc. MA boosted its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 2.4% during the second quarter. Appleton Partners Inc. MA now owns 233,547 shares of the company’s stock valued at $7,604,000 after purchasing an additional 5,535 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV purchased a new position in SPDR Portfolio Intermediate Term Corporate Bond ETF in the second quarter valued at about $1,227,000.

SPDR Portfolio Intermediate Term Corporate Bond ETF Trading Down 0.4 %

Shares of SPDR Portfolio Intermediate Term Corporate Bond ETF stock opened at $32.92 on Wednesday. SPDR Portfolio Intermediate Term Corporate Bond ETF has a one year low of $31.34 and a one year high of $33.86. The company has a 50-day simple moving average of $33.40 and a two-hundred day simple moving average of $32.98.

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.