Fidelity D & D Bancorp Inc. Sells 27,828 Shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB)

Fidelity D & D Bancorp Inc. reduced its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 16.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 140,867 shares of the company’s stock after selling 27,828 shares during the period. SPDR Portfolio Intermediate Term Corporate Bond ETF accounts for approximately 3.5% of Fidelity D & D Bancorp Inc.’s holdings, making the stock its 5th biggest position. Fidelity D & D Bancorp Inc. owned approximately 0.06% of SPDR Portfolio Intermediate Term Corporate Bond ETF worth $4,587,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. NBC Securities Inc. raised its stake in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 57.6% in the 4th quarter. NBC Securities Inc. now owns 1,997 shares of the company’s stock worth $65,000 after buying an additional 730 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF by 6.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 276,104 shares of the company’s stock valued at $9,065,000 after acquiring an additional 15,889 shares during the last quarter. EverSource Wealth Advisors LLC bought a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the 4th quarter valued at about $203,000. Tidemark LLC bought a new position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF during the 4th quarter valued at about $596,000. Finally, Parallel Advisors LLC raised its holdings in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF by 100.9% in the 4th quarter. Parallel Advisors LLC now owns 1,593 shares of the company’s stock worth $52,000 after purchasing an additional 800 shares in the last quarter.

SPDR Portfolio Intermediate Term Corporate Bond ETF Price Performance

SPIB stock opened at $33.58 on Friday. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 12 month low of $30.89 and a 12 month high of $33.67. The firm has a 50 day simple moving average of $33.07 and a 200 day simple moving average of $32.66.

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.