Independent Wealth Network Inc. Reduces Holdings in SPDR Portfolio Aggregate Bond ETF $SPAB

Independent Wealth Network Inc. decreased its holdings in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 40.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 112,929 shares of the company’s stock after selling 76,568 shares during the period. SPDR Portfolio Aggregate Bond ETF comprises approximately 0.9% of Independent Wealth Network Inc.’s holdings, making the stock its 23rd largest position. Independent Wealth Network Inc.’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $2,893,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of SPAB. Franklin Resources Inc. purchased a new position in SPDR Portfolio Aggregate Bond ETF during the second quarter valued at $26,000. Gould Capital LLC purchased a new stake in SPDR Portfolio Aggregate Bond ETF in the third quarter worth about $26,000. Kingdom Financial Group LLC. purchased a new stake in SPDR Portfolio Aggregate Bond ETF in the fourth quarter worth about $27,000. Godfrey Financial Associates Inc. bought a new position in shares of SPDR Portfolio Aggregate Bond ETF in the fourth quarter worth about $29,000. Finally, Bare Financial Services Inc bought a new position in shares of SPDR Portfolio Aggregate Bond ETF in the third quarter worth about $32,000.

SPDR Portfolio Aggregate Bond ETF Stock Up 0.0%

SPAB stock opened at $25.58 on Friday. SPDR Portfolio Aggregate Bond ETF has a twelve month low of $25.14 and a twelve month high of $26.17. The business’s 50-day moving average price is $25.49 and its 200-day moving average price is $25.67.

SPDR Portfolio Aggregate Bond ETF Company Profile

The SPDR Portfolio Aggregate Bond ETF (SPAB) is an exchange-traded fund that is based on the Bloomberg Long U.S. Corporate index. The fund tracks a market value-weighted index of the aggregate USD-denominated investment-grade bond market with at least one year to maturity. SPAB was launched on May 23, 2007 and is managed by State Street.