Tidemark LLC Decreases Stock Position in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB)

Tidemark LLC trimmed its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 13.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,843 shares of the company’s stock after selling 1,025 shares during the quarter. Tidemark LLC’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $231,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in SPIB. Hilltop Partners LLC grew its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 2.1% during the first quarter. Hilltop Partners LLC now owns 47,781 shares of the company’s stock worth $1,562,000 after buying an additional 998 shares in the last quarter. Global Financial Private Client LLC grew its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 167.4% during the 1st quarter. Global Financial Private Client LLC now owns 4,425 shares of the company’s stock valued at $144,000 after acquiring an additional 2,770 shares in the last quarter. Redwood Investment Management LLC acquired a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF in the 1st quarter valued at about $321,000. Appleton Partners Inc. MA lifted its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 2.4% in the 2nd quarter. Appleton Partners Inc. MA now owns 233,547 shares of the company’s stock worth $7,604,000 after purchasing an additional 5,535 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV acquired a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the 2nd quarter worth approximately $1,227,000.

SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Performance

SPIB stock opened at $32.92 on Monday. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 1 year low of $31.74 and a 1 year high of $33.86. The business has a 50 day simple moving average of $33.36 and a 200-day simple moving average of $33.00.

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.