Migdal Insurance & Financial Holdings Ltd. Increases Stock Position in SPDR Portfolio Intermediate Term Corporate Bond ETF $SPIB

Migdal Insurance & Financial Holdings Ltd. boosted its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 5.3% during the second quarter, HoldingsChannel reports. The firm owned 863,815 shares of the company’s stock after buying an additional 43,109 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $29,007,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. GoalVest Advisory LLC raised its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 11.7% in the second quarter. GoalVest Advisory LLC now owns 524,943 shares of the company’s stock valued at $17,628,000 after purchasing an additional 54,845 shares in the last quarter. Foster & Motley Inc. raised its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 24.6% in the second quarter. Foster & Motley Inc. now owns 147,414 shares of the company’s stock valued at $4,950,000 after purchasing an additional 29,142 shares in the last quarter. Private Trust Co. NA raised its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 21.9% in the second quarter. Private Trust Co. NA now owns 94,861 shares of the company’s stock valued at $3,185,000 after purchasing an additional 17,022 shares in the last quarter. Davidson Trust Co. raised its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 35.3% in the second quarter. Davidson Trust Co. now owns 27,328 shares of the company’s stock valued at $918,000 after purchasing an additional 7,127 shares in the last quarter. Finally, Community Bank N.A. raised its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 38.8% in the second quarter. Community Bank N.A. now owns 37,756 shares of the company’s stock valued at $1,267,000 after purchasing an additional 10,545 shares in the last quarter.

SPDR Portfolio Intermediate Term Corporate Bond ETF Price Performance

SPIB stock opened at $34.08 on Wednesday. SPDR Portfolio Intermediate Term Corporate Bond ETF has a one year low of $32.38 and a one year high of $34.08. The company’s 50 day moving average price is $33.88 and its two-hundred day moving average price is $33.48.

SPDR Portfolio Intermediate Term Corporate Bond ETF Profile

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.