Cahaba Wealth Management Inc. Trims Holdings in SPDR Portfolio Aggregate Bond ETF $SPAB

Cahaba Wealth Management Inc. lowered its holdings in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 93.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 22,415 shares of the company’s stock after selling 328,710 shares during the quarter. Cahaba Wealth Management Inc.’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $579,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in SPAB. Franklin Resources Inc. purchased a new stake in SPDR Portfolio Aggregate Bond ETF in the second quarter worth $26,000. Steward Partners Investment Advisory LLC lifted its position 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 worth $33,000 after purchasing an additional 675 shares during the period. Blue Trust Inc. bought a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the 2nd quarter valued at about $44,000. Darwin Wealth Management LLC purchased a new position in shares of SPDR Portfolio Aggregate Bond ETF during the second quarter valued at about $52,000. Finally, WFA of San Diego LLC bought a new position in SPDR Portfolio Aggregate Bond ETF in the second quarter worth about $53,000.

SPDR Portfolio Aggregate Bond ETF Stock Performance

Shares of SPAB opened at $25.80 on Friday. The company has a 50-day simple moving average of $25.88 and a two-hundred day simple moving average of $25.70. SPDR Portfolio Aggregate Bond ETF has a one year low of $24.70 and a one year high of $26.16.

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.