Western Wealth Management LLC Cuts Stake in SPDR Portfolio Intermediate Term Corporate Bond ETF $SPIB

Western Wealth Management LLC trimmed its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 12.0% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 110,942 shares of the company’s stock after selling 15,149 shares during the period. Western Wealth Management LLC’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $3,725,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in SPIB. Trust Co. of Toledo NA OH bought a new position in SPDR Portfolio Intermediate Term Corporate Bond ETF in the 2nd quarter worth $64,000. Parallel Advisors LLC boosted its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 336.2% during the second quarter. Parallel Advisors LLC now owns 3,459 shares of the company’s stock valued at $116,000 after buying an additional 2,666 shares during the last quarter. Lcnb Corp bought a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF in the 1st quarter worth approximately $281,000. Bulwark Capital Corp purchased a new stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the 2nd quarter worth approximately $305,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 26.2% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 15,006 shares of the company’s stock valued at $504,000 after acquiring an additional 3,119 shares during the last quarter.

SPDR Portfolio Intermediate Term Corporate Bond ETF Trading Down 0.1%

SPIB stock opened at $33.74 on Friday. The company has a fifty day simple moving average of $33.90 and a two-hundred day simple moving average of $33.55. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 52 week low of $32.38 and a 52 week high of $34.08.

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.