SPDR Portfolio Aggregate Bond ETF $SPAB Shares Sold by Gradient Investments LLC

Gradient Investments LLC lowered its holdings in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 1.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,834,575 shares of the company’s stock after selling 63,012 shares during the quarter. SPDR Portfolio Aggregate Bond ETF accounts for 1.7% of Gradient Investments LLC’s holdings, making the stock its 9th biggest position. Gradient Investments LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $99,124,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Franklin Resources Inc. purchased a new stake in SPDR Portfolio Aggregate Bond ETF in the second quarter valued at $26,000. Steward Partners Investment Advisory LLC lifted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 113.3% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,271 shares of the company’s stock valued at $33,000 after buying an additional 675 shares during the period. Blue Trust Inc. purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the second quarter worth about $44,000. Darwin Wealth Management LLC acquired a new stake in SPDR Portfolio Aggregate Bond ETF during the second quarter worth about $52,000. Finally, WFA of San Diego LLC acquired a new stake in SPDR Portfolio Aggregate Bond ETF during the second quarter worth about $53,000.

SPDR Portfolio Aggregate Bond ETF Stock Up 0.2%

NYSEARCA:SPAB opened at $25.81 on Wednesday. The company has a 50 day moving average price of $25.91 and a 200-day moving average price of $25.67. SPDR Portfolio Aggregate Bond ETF has a 1-year low of $24.70 and a 1-year high of $26.16.

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.