SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) Stock Position Lifted by Hudson Valley Investment Advisors Inc. ADV

Hudson Valley Investment Advisors Inc. ADV increased its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 2.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,234,843 shares of the company’s stock after purchasing an additional 28,771 shares during the period. SPDR Portfolio Intermediate Term Corporate Bond ETF makes up 4.6% of Hudson Valley Investment Advisors Inc. ADV’s investment portfolio, making the stock its biggest holding. Hudson Valley Investment Advisors Inc. ADV owned 0.50% of SPDR Portfolio Intermediate Term Corporate Bond ETF worth $40,453,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in SPIB. Ashton Thomas Private Wealth LLC bought a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the second quarter valued at approximately $69,000. Richardson Financial Services Inc. raised its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 34.3% in the 2nd quarter. Richardson Financial Services Inc. now owns 3,115 shares of the company’s stock valued at $101,000 after buying an additional 795 shares in the last quarter. NBC Securities Inc. lifted its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 22.2% during the 3rd quarter. NBC Securities Inc. now owns 3,646 shares of the company’s stock worth $122,000 after acquiring an additional 663 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of 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 in the last quarter. Finally, IHT Wealth Management LLC bought a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF in the third quarter valued at about $201,000.

SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Performance

NYSEARCA:SPIB opened at $32.69 on Friday. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 12 month low of $31.98 and a 12 month high of $33.86. The company’s 50-day moving average price is $32.94 and its two-hundred day moving average price is $33.12.

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.