Bank of Nova Scotia Acquires New Stake in SPDR Portfolio Aggregate Bond ETF $SPAB

Bank of Nova Scotia bought a new position in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) during the 2nd quarter, HoldingsChannel reports. The institutional investor bought 300,000 shares of the company’s stock, valued at approximately $7,680,000.

Other institutional investors also recently bought and sold shares of the company. Global Strategic Investment Solutions LLC increased its stake in SPDR Portfolio Aggregate Bond ETF by 1.0% during the second quarter. Global Strategic Investment Solutions LLC now owns 42,162 shares of the company’s stock worth $1,079,000 after purchasing an additional 401 shares during the period. Garrett Wealth Advisory Group LLC increased its stake in SPDR Portfolio Aggregate Bond ETF by 2.2% during the 2nd quarter. Garrett Wealth Advisory Group LLC now owns 19,727 shares of the company’s stock worth $505,000 after buying an additional 434 shares during the period. AMJ Financial Wealth Management lifted its holdings in SPDR Portfolio Aggregate Bond ETF by 3.1% during the 2nd quarter. AMJ Financial Wealth Management now owns 14,655 shares of the company’s stock worth $375,000 after buying an additional 440 shares in the last quarter. Collaborative Wealth Managment Inc. boosted its position in SPDR Portfolio Aggregate Bond ETF by 3.0% in the 2nd quarter. Collaborative Wealth Managment Inc. now owns 15,176 shares of the company’s stock valued at $389,000 after buying an additional 444 shares during the period. Finally, Sharper & Granite LLC boosted its position in SPDR Portfolio Aggregate Bond ETF by 2.9% in the 2nd quarter. Sharper & Granite LLC now owns 18,300 shares of the company’s stock valued at $466,000 after buying an additional 510 shares during the period.

SPDR Portfolio Aggregate Bond ETF Stock Up 0.3%

SPDR Portfolio Aggregate Bond ETF stock opened at $25.82 on Thursday. SPDR Portfolio Aggregate Bond ETF has a twelve month low of $24.70 and a twelve month high of $26.16. The stock’s fifty day simple moving average is $25.91 and its 200-day simple moving average is $25.65.

SPDR Portfolio Aggregate Bond ETF 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.