Lam Group Inc. Boosts Stake in SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND)

Lam Group Inc. raised its holdings in shares of SPDR Bloomberg International Corporate Bond ETF (NYSEARCA:IBND) by 326.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 133,930 shares of the company’s stock after buying an additional 102,505 shares during the quarter. SPDR Bloomberg International Corporate Bond ETF comprises about 2.9% of Lam Group Inc.’s holdings, making the stock its 13th largest position. Lam Group Inc. owned 2.14% of SPDR Bloomberg International Corporate Bond ETF worth $3,950,000 at the end of the most recent quarter.

Separately, JPMorgan Chase & Co. lifted its stake in SPDR Bloomberg International Corporate Bond ETF by 23.3% during the fourth quarter. JPMorgan Chase & Co. now owns 48,111 shares of the company’s stock worth $1,364,000 after purchasing an additional 9,107 shares during the last quarter.

SPDR Bloomberg International Corporate Bond ETF Stock Down 0.3%

Shares of IBND stock opened at $31.82 on Friday. The business has a 50-day moving average price of $31.08 and a two-hundred day moving average price of $29.63. SPDR Bloomberg International Corporate Bond ETF has a 12-month low of $27.69 and a 12-month high of $32.13.

About SPDR Bloomberg International Corporate Bond ETF

SPDR Barclays International Corporate Bond ETF (the Fund), formerly SPDR Barclays Capital International Corporate Bond ETF, seeks to provide investment results that correspond generally to the price and yield performance of the Barclays Capital Global Aggregate ex-USD > $1B: Corporate Bond Index (the Index), an index that tracks the investment-grade corporate sector of the global bond market outside of the United States.