Manning & Napier Advisors LLC Purchases 479,097 Shares of SPDR Portfolio Intermediate Term Corporate Bond ETF $SPIB

Manning & Napier Advisors LLC raised its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 320.9% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 628,376 shares of the company’s stock after purchasing an additional 479,097 shares during the quarter. Manning & Napier Advisors LLC’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $21,076,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Baird Financial Group Inc. increased its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 4.9% during the second quarter. Baird Financial Group Inc. now owns 15,370 shares of the company’s stock valued at $516,000 after acquiring an additional 719 shares in the last quarter. NewEdge Advisors LLC boosted its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 0.7% during the 2nd quarter. NewEdge Advisors LLC now owns 80,410 shares of the company’s stock valued at $2,700,000 after purchasing an additional 582 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 88.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 5,407,199 shares of the company’s stock worth $181,617,000 after purchasing an additional 2,537,710 shares in the last quarter. WFA of San Diego LLC purchased a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF in the second quarter worth $40,000. Finally, Fidelity D & D Bancorp Inc. raised its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 10.2% in the second quarter. Fidelity D & D Bancorp Inc. now owns 203,346 shares of the company’s stock worth $6,828,000 after purchasing an additional 18,739 shares during the last quarter.

SPDR Portfolio Intermediate Term Corporate Bond ETF Trading Down 0.2%

Shares of SPDR Portfolio Intermediate Term Corporate Bond ETF stock traded down $0.05 during trading on Friday, hitting $33.22. 6,343,733 shares of the company’s stock traded hands, compared to its average volume of 8,012,541. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 1 year low of $33.15 and a 1 year high of $34.14. The business has a 50-day simple moving average of $33.39 and a 200-day simple moving average of $33.62.

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.