Burns Matteson Capital Management LLC Has $1.66 Million Holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB)

Burns Matteson Capital Management LLC lifted its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 107.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,734 shares of the company’s stock after acquiring an additional 26,269 shares during the quarter. SPDR Portfolio Intermediate Term Corporate Bond ETF makes up approximately 0.8% of Burns Matteson Capital Management LLC’s portfolio, making the stock its 25th biggest position. Burns Matteson Capital Management LLC’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $1,662,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Appleton Partners Inc. MA raised its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 7.6% during the fourth quarter. Appleton Partners Inc. MA now owns 264,067 shares of the company’s stock valued at $8,651,000 after acquiring an additional 18,570 shares during the last quarter. Golden State Wealth Management LLC acquired a new position in SPDR Portfolio Intermediate Term Corporate Bond ETF during the 4th quarter worth about $1,620,000. GPS Wealth Strategies Group LLC grew its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 7.4% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 45,876 shares of the company’s stock valued at $1,503,000 after buying an additional 3,173 shares during the last quarter. Richardson Financial Services Inc. increased its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 150.0% in the fourth quarter. Richardson Financial Services Inc. now owns 12,574 shares of the company’s stock valued at $412,000 after buying an additional 7,545 shares during the period. Finally, Fifth Third Securities Inc. raised its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 16.8% during the fourth quarter. Fifth Third Securities Inc. now owns 29,555 shares of the company’s stock worth $968,000 after acquiring an additional 4,254 shares during the last quarter.

SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Performance

SPDR Portfolio Intermediate Term Corporate Bond ETF stock opened at $32.86 on Monday. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 52-week low of $31.98 and a 52-week high of $33.86. The firm has a 50 day moving average price of $32.87 and a two-hundred day moving average price of $33.14.

SPDR Portfolio Intermediate Term Corporate Bond ETF 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.