1,101 Shares in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) Bought by Tennessee Valley Asset Management Partners

Tennessee Valley Asset Management Partners bought a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,101 shares of the company’s stock, valued at approximately $36,000.

Other hedge funds have also bought and sold shares of the company. Anchor Investment Management LLC acquired a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF in the fourth quarter worth $37,000. NBC Securities Inc. acquired a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF in the third quarter worth $39,000. Creative Financial Designs Inc. ADV grew its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF by 10.9% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 6,345 shares of the company’s stock worth $208,000 after purchasing an additional 625 shares during the period. First Horizon Advisors Inc. grew its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF by 1,813.0% in the third quarter. First Horizon Advisors Inc. now owns 6,791 shares of the company’s stock worth $214,000 after purchasing an additional 6,436 shares during the period. Finally, Winch Advisory Services LLC grew its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF by 7.6% in the third quarter. Winch Advisory Services LLC now owns 19,793 shares of the company’s stock worth $622,000 after purchasing an additional 1,403 shares during the period.

SPDR Portfolio Intermediate Term Corporate Bond ETF Stock Performance

NYSEARCA:SPIB opened at $32.20 on Wednesday. The firm has a fifty day simple moving average of $32.46 and a two-hundred day simple moving average of $32.25. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 12 month low of $30.89 and a 12 month high of $32.97.

SPDR Portfolio Intermediate Term Corporate Bond ETF Company 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.