CWC Advisors LLC. Invests $4.84 Million in SPDR Portfolio Aggregate Bond ETF $SPAB

CWC Advisors LLC. acquired a new stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) in the first quarter, Holdings Channel.com reports. The firm acquired 189,057 shares of the company’s stock, valued at approximately $4,844,000. SPDR Portfolio Aggregate Bond ETF comprises 2.3% of CWC Advisors LLC.’s portfolio, making the stock its 13th biggest position.

Several other hedge funds also recently bought and sold shares of the company. Franklin Resources Inc. bought a new stake in SPDR Portfolio Aggregate Bond ETF during the 2nd quarter worth approximately $26,000. Gould Capital LLC purchased a new stake in SPDR Portfolio Aggregate Bond ETF in the 3rd quarter worth approximately $26,000. Kingdom Financial Group LLC. purchased a new stake in SPDR Portfolio Aggregate Bond ETF in the 4th quarter worth approximately $27,000. Godfrey Financial Associates Inc. bought a new position in SPDR Portfolio Aggregate Bond ETF in the 4th quarter valued at $29,000. Finally, Bare Financial Services Inc bought a new position in SPDR Portfolio Aggregate Bond ETF in the 3rd quarter valued at $32,000.

SPDR Portfolio Aggregate Bond ETF Stock Performance

SPAB opened at $25.50 on Monday. The company has a fifty day moving average price of $25.50 and a 200-day moving average price of $25.68. SPDR Portfolio Aggregate Bond ETF has a one year low of $25.14 and a one year 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.