Financial Gravity Asset Management Inc. Has $18.19 Million Stake in SPDR Portfolio Intermediate Term Corporate Bond ETF $SPIB

Financial Gravity Asset Management Inc. raised its position in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 6.8% in the 4th quarter, Holdings Channel reports. The firm owned 538,057 shares of the company’s stock after buying an additional 34,049 shares during the period. SPDR Portfolio Intermediate Term Corporate Bond ETF accounts for approximately 3.5% of Financial Gravity Asset Management Inc.’s investment portfolio, making the stock its 7th biggest holding. Financial Gravity Asset Management Inc.’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $18,192,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Community Bank N.A. increased its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 1.0% in the fourth quarter. Community Bank N.A. now owns 36,854 shares of the company’s stock valued at $1,246,000 after purchasing an additional 360 shares in the last quarter. Fifth Third Securities Inc. increased its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 1.5% in the fourth quarter. Fifth Third Securities Inc. now owns 26,732 shares of the company’s stock valued at $904,000 after purchasing an additional 405 shares in the last quarter. Alteri Wealth LLC increased its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 6.0% in the fourth quarter. Alteri Wealth LLC now owns 9,872 shares of the company’s stock valued at $334,000 after purchasing an additional 556 shares in the last quarter. NewEdge Advisors LLC increased its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 0.7% in the second 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 in the last quarter. Finally, Crestwood Advisors Group LLC increased its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 1.0% in the fourth quarter. Crestwood Advisors Group LLC now owns 63,171 shares of the company’s stock valued at $2,136,000 after purchasing an additional 619 shares in the last quarter.

SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Down 0.1%

Shares of NYSEARCA:SPIB opened at $33.40 on Friday. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 52 week low of $33.15 and a 52 week high of $34.14. The company has a 50 day moving average price of $33.48 and a two-hundred day moving average price of $33.69.

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