Mainstay Capital Management LLC ADV Boosts Holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB)

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Mainstay Capital Management LLC ADV boosted its position in shares of SPDR Portfolio Intermediate Term Corporate Bond ETF (NYSEARCA:SPIB) by 18.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,435 shares of the company’s stock after buying an additional 4,295 shares during the period. Mainstay Capital Management LLC ADV’s holdings in SPDR Portfolio Intermediate Term Corporate Bond ETF were worth $913,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of SPIB. Allianz Investment Management LLC purchased a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF during the 1st quarter worth approximately $67,080,000. Park Avenue Securities LLC increased its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 14,830.5% during the 2nd quarter. Park Avenue Securities LLC now owns 1,654,593 shares of the company’s stock worth $54,883,000 after buying an additional 1,643,511 shares in the last quarter. Assetmark Inc. increased its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 1,434.6% during the 2nd quarter. Assetmark Inc. now owns 1,530,879 shares of the company’s stock worth $50,963,000 after buying an additional 1,431,119 shares in the last quarter. Conservest Capital Advisors Inc. purchased a new stake in SPDR Portfolio Intermediate Term Corporate Bond ETF during the 2nd quarter worth approximately $9,843,000. Finally, Stephens Group Asset Management LLC increased its stake in SPDR Portfolio Intermediate Term Corporate Bond ETF by 47.4% during the 2nd quarter. Stephens Group Asset Management LLC now owns 728,503 shares of the company’s stock worth $24,252,000 after buying an additional 234,386 shares in the last quarter.

NYSEARCA:SPIB opened at $33.25 on Friday. SPDR Portfolio Intermediate Term Corporate Bond ETF has a 12 month low of $33.07 and a 12 month high of $34.58.

The business also recently declared a monthly dividend, which was paid on Monday, September 10th. Stockholders of record on Wednesday, September 5th were given a $0.0877 dividend. The ex-dividend date of this dividend was Tuesday, September 4th. This is a positive change from SPDR Portfolio Intermediate Term Corporate Bond ETF’s previous monthly dividend of $0.09. This represents a $1.05 dividend on an annualized basis and a dividend yield of 3.17%.

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

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