SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB) is Park Avenue Securities LLC’s 4th Largest Position

Park Avenue Securities LLC reduced its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 4.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,586,964 shares of the company’s stock after selling 67,629 shares during the quarter. SPDR Portfolio Intermediate Term Corporate Bond ETF makes up approximately 8.5% of Park Avenue Securities LLC’s investment portfolio, making the stock its 4th largest position. Park Avenue Securities LLC owned about 1.40% of SPDR Portfolio Intermediate Term Corporate Bond ETF worth $52,640,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the business. Accurate Investment Solutions Inc. grew its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 470.5% during the 2nd quarter. Accurate Investment Solutions Inc. now owns 3,971 shares of the company’s stock worth $132,000 after purchasing an additional 3,275 shares during the period. Captrust Financial Advisors acquired a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF in the 2nd quarter valued at about $137,000. Moneta Group Investment Advisors LLC acquired a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF in the 2nd quarter valued at about $343,000. Steward Partners Investment Advisory LLC raised its position in SPDR Portfolio Intermediate Term Corporate Bond ETF by 25.6% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 11,838 shares of the company’s stock valued at $394,000 after purchasing an additional 2,410 shares in the last quarter. Finally, Atria Investments LLC acquired a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF in the 2nd quarter valued at about $488,000.

SPIB stock opened at $32.93 on Thursday. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 1 year low of $32.86 and a 1 year high of $34.45.

The business also recently declared a monthly dividend, which was paid on Wednesday, November 7th. Shareholders of record on Friday, November 2nd were given a $0.091 dividend. The ex-dividend date was Thursday, November 1st. This represents a $1.09 dividend on an annualized basis and a yield of 3.32%. This is a positive change from SPDR Portfolio Intermediate Term Corporate Bond ETF’s previous monthly dividend of $0.09.

COPYRIGHT VIOLATION NOTICE: “SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB) is Park Avenue Securities LLC’s 4th Largest Position” was first posted by WKRB News and is the property of of WKRB News. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of U.S. & international copyright & trademark law. The original version of this piece of content can be accessed at https://www.wkrb13.com/2018/11/08/spdr-portfolio-intermediate-term-corporate-bond-etf-spib-is-park-avenue-securities-llcs-4th-largest-position.html.

Read More: How are Outstanding Shares Different from Authorized Shares?

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

Receive News & Ratings for SPDR Portfolio Intermediate Term Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Intermediate Term Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply