SPDR Portfolio Aggregate Bond ETF $SPAB Shares Newly Purchased by Towercrest Capital Management

Towercrest Capital Management acquired a new position in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 413,148 shares of the company’s stock, valued at approximately $10,064,000. SPDR Portfolio Aggregate Bond ETF makes up about 1.4% of Towercrest Capital Management’s portfolio, making the stock its 23rd largest position.

Other hedge funds have also bought and sold shares of the company. Cliftonlarsonallen Wealth Advisors LLC purchased a new stake in SPDR Portfolio Aggregate Bond ETF in the third quarter worth about $257,427,000. Envestnet Asset Management Inc. increased its stake in shares of SPDR Portfolio Aggregate Bond ETF by 0.7% during the second quarter. Envestnet Asset Management Inc. now owns 9,857,952 shares of the company’s stock valued at $251,575,000 after purchasing an additional 67,300 shares in the last quarter. Bank of America Corp DE increased its stake in shares of SPDR Portfolio Aggregate Bond ETF by 23.5% during the first quarter. Bank of America Corp DE now owns 5,842,790 shares of the company’s stock valued at $149,692,000 after purchasing an additional 1,112,552 shares in the last quarter. Tobias Financial Advisors Inc. lifted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 6.0% during the second quarter. Tobias Financial Advisors Inc. now owns 4,428,126 shares of the company’s stock valued at $113,006,000 after purchasing an additional 249,337 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 6.3% during the second quarter. Wealthcare Advisory Partners LLC now owns 3,206,173 shares of the company’s stock valued at $81,822,000 after purchasing an additional 190,995 shares during the last quarter.

SPDR Portfolio Aggregate Bond ETF Price Performance

Shares of SPAB stock traded down $0.06 during trading hours on Friday, hitting $24.71. 5,137,048 shares of the company’s stock traded hands, compared to its average volume of 3,288,744. The stock’s fifty day simple moving average is $24.73 and its two-hundred day simple moving average is $25.17. SPDR Portfolio Aggregate Bond ETF has a 12-month low of $24.17 and a 12-month high of $26.17.

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.