SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) Hits New 12-Month High – Here’s What Happened

SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIBGet Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as $34.08 and last traded at $34.0850, with a volume of 531393 shares traded. The stock had previously closed at $34.04.

SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Up 0.2%

The firm’s fifty day moving average price is $33.87 and its 200 day moving average price is $33.85.

SPDR Portfolio Intermediate Term Corporate Bond ETF Cuts Dividend

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

Institutional Trading of SPDR Portfolio Intermediate Term Corporate Bond ETF

Institutional investors have recently bought and sold shares of the business. Elyxium Wealth LLC acquired a new position in SPDR Portfolio Intermediate Term Corporate Bond ETF during the fourth quarter worth $28,000. Triumph Capital Management purchased a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF during the 3rd quarter worth approximately $28,000. Fortitude Family Office LLC acquired a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the third quarter valued at approximately $29,000. First Community Trust NA purchased a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF in the third quarter valued at approximately $32,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in SPDR Portfolio Intermediate Term Corporate Bond ETF in the 2nd quarter valued at $34,000.

About SPDR Portfolio Intermediate Term Corporate Bond ETF

(Get Free Report)

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.

Further Reading

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