SPDR Portfolio Intermediate Term Corporate Bond ETF $SPIB Shares Acquired by Leuthold Group LLC

Leuthold Group LLC boosted its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 8.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 420,225 shares of the company’s stock after buying an additional 31,696 shares during the period. SPDR Portfolio Intermediate Term Corporate Bond ETF accounts for approximately 1.6% of Leuthold Group LLC’s investment portfolio, making the stock its 10th largest holding. Leuthold Group LLC’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $14,241,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Fortitude Family Office LLC acquired a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF in the 3rd quarter worth about $29,000. First Community Trust NA bought a new position in SPDR Portfolio Intermediate Term Corporate Bond ETF in the 3rd quarter worth about $32,000. Twin Peaks Wealth Advisors LLC bought a new position in SPDR Portfolio Intermediate Term Corporate Bond ETF in the 2nd quarter worth about $34,000. WFA of San Diego LLC acquired a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF in the second quarter valued at approximately $40,000. Finally, Silicon Valley Capital Partners bought a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the second quarter valued at approximately $44,000.

SPDR Portfolio Intermediate Term Corporate Bond ETF Price Performance

Shares of SPIB stock opened at $33.88 on Thursday. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 12-month low of $32.38 and a 12-month high of $34.08. The business has a 50 day simple moving average of $33.84 and a 200 day simple moving average of $33.82.

SPDR Portfolio Intermediate Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.1212 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Monday, February 2nd.

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. SPIB was launched on Feb 10, 2009 and is managed by State Street.