Fisher Asset Management LLC Reduces Holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB)

Fisher Asset Management LLC reduced its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 46.4% during the 3rd quarter, Holdings Channel.com reports. The fund owned 32,989 shares of the company’s stock after selling 28,537 shares during the quarter. Fisher Asset Management LLC’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $1,112,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SPIB. True Link Financial Advisors LLC boosted its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 38.6% in the third quarter. True Link Financial Advisors LLC now owns 2,312,576 shares of the company’s stock valued at $77,957,000 after acquiring an additional 644,542 shares during the period. Hudson Valley Investment Advisors Inc. ADV raised its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 43.8% in the 3rd quarter. Hudson Valley Investment Advisors Inc. ADV now owns 1,206,072 shares of the company’s stock valued at $40,657,000 after purchasing an additional 367,288 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 95.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 460,891 shares of the company’s stock worth $15,537,000 after purchasing an additional 224,524 shares during the period. Migdal Insurance & Financial Holdings Ltd. grew its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 33.4% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 895,404 shares of the company’s stock worth $30,184,000 after purchasing an additional 224,028 shares during the last quarter. Finally, Manning & Napier Advisors LLC acquired a new position in SPDR Portfolio Intermediate Term Corporate Bond ETF in the second quarter valued at $6,008,000.

SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Up 0.3 %

Shares of NYSEARCA:SPIB opened at $33.26 on Friday. SPDR Portfolio Intermediate Term Corporate Bond ETF has a one year low of $31.98 and a one year high of $33.86. The company has a 50-day simple moving average of $33.24 and a 200-day simple moving average of $33.03.

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.