Mercer Global Advisors Inc. ADV Takes Position in SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB)

Mercer Global Advisors Inc. ADV purchased a new position in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,888 shares of the company’s stock, valued at approximately $201,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Essex Savings Bank bought a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF in the fourth quarter worth about $166,000. Capital Financial Planning LLC bought a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF in the fourth quarter worth about $517,000. United Services Automobile Association boosted its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 3.2% in the fourth quarter. United Services Automobile Association now owns 8,687,039 shares of the company’s stock worth $287,020,000 after acquiring an additional 273,419 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 524.1% in the fourth quarter. Bank of New York Mellon Corp now owns 527,629 shares of the company’s stock worth $17,433,000 after acquiring an additional 443,086 shares during the period. Finally, NewSquare Capital LLC bought a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF in the fourth quarter worth about $8,878,000.

NYSEARCA SPIB opened at $34.20 on Thursday. SPDR Portfolio Intermediate Term Corporate Bond ETF has a twelve month low of $32.70 and a twelve month high of $34.24.

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were paid a $0.0931 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 3.27%. The ex-dividend date of this dividend was Wednesday, May 1st.

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

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