NBT Bank N.A. Buys 16,731 Shares of SPDR Portfolio Intermediate Term Corporate Bond ETF $SPIB

NBT Bank N.A. purchased a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) during the third quarter, HoldingsChannel.com reports. The firm purchased 16,731 shares of the company’s stock, valued at approximately $540,000.

Several other hedge funds and other institutional investors have also made changes to their positions in SPIB. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 4.6% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 8,469 shares of the company’s stock worth $283,000 after purchasing an additional 373 shares during the last quarter. OLD Second National Bank of Aurora grew its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 7.6% during the first quarter. OLD Second National Bank of Aurora now owns 5,684 shares of the company’s stock worth $191,000 after purchasing an additional 400 shares during the period. Root Financial Partners LLC bought a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF in the third quarter valued at about $27,000. Compass Financial Management LLC bought a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF in the second quarter valued at about $36,000. Finally, City State Bank bought a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF in the third quarter valued at about $37,000.

SPDR Portfolio Intermediate Term Corporate Bond ETF Price Performance

NYSEARCA:SPIB opened at $32.54 on Friday. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 1-year low of $32.08 and a 1-year high of $34.14. The business’s 50-day moving average price is $32.65 and its two-hundred day moving average price is $33.12.

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