IFP Advisors Inc Raises Position in SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB)

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IFP Advisors Inc increased its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 20.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,050 shares of the company’s stock after buying an additional 6,747 shares during the period. IFP Advisors Inc’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $1,334,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of SPIB. Park Avenue Securities LLC lifted its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 14,830.5% during the 2nd quarter. Park Avenue Securities LLC now owns 1,654,593 shares of the company’s stock worth $54,883,000 after buying an additional 1,643,511 shares in the last quarter. Assetmark Inc. lifted its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 1,434.6% during the 2nd quarter. Assetmark Inc. now owns 1,530,879 shares of the company’s stock worth $50,963,000 after buying an additional 1,431,119 shares in the last quarter. Mainstay Capital Management LLC ADV lifted its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 3,846.9% during the 2nd quarter. Mainstay Capital Management LLC ADV now owns 913,311 shares of the company’s stock worth $27,435,000 after buying an additional 890,171 shares in the last quarter. Conservest Capital Advisors Inc. acquired a new position in SPDR Portfolio Intermediate Term Corporate Bond ETF during the 2nd quarter worth about $9,843,000. Finally, Stephens Group Asset Management LLC lifted its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 47.4% during the 2nd quarter. Stephens Group Asset Management LLC now owns 728,503 shares of the company’s stock worth $24,252,000 after buying an additional 234,386 shares in the last quarter.

Shares of NYSEARCA SPIB opened at $33.03 on Wednesday. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 12-month low of $32.95 and a 12-month high of $34.55.

The business also recently declared a monthly dividend, which was paid on Friday, October 5th. Investors of record on Tuesday, October 2nd were given a dividend of $0.0896 per share. This is an increase from SPDR Portfolio Intermediate Term Corporate Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date was Monday, October 1st. This represents a $1.08 annualized dividend and a yield of 3.26%.

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Institutional Ownership by Quarter for SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB)

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