SPDR Portfolio Aggregate Bond ETF $SPAB Stock Position Raised by Cornerstone Advisors Asset Management LLC

Cornerstone Advisors Asset Management LLC raised its stake in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 6.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,680,916 shares of the company’s stock after purchasing an additional 100,187 shares during the quarter. SPDR Portfolio Aggregate Bond ETF accounts for about 6.6% of Cornerstone Advisors Asset Management LLC’s holdings, making the stock its 3rd biggest holding. Cornerstone Advisors Asset Management LLC owned approximately 0.44% of SPDR Portfolio Aggregate Bond ETF worth $43,065,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Franklin Resources Inc. purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the 2nd quarter valued at $26,000. State Street Corp grew its position in SPDR Portfolio Aggregate Bond ETF by 103.7% in the second quarter. State Street Corp now owns 23,633,736 shares of the company’s stock worth $605,024,000 after acquiring an additional 12,031,034 shares in the last quarter. Main Street Financial Solutions LLC purchased a new position in SPDR Portfolio Aggregate Bond ETF in the second quarter worth $1,227,000. Darwin Wealth Management LLC purchased a new position in SPDR Portfolio Aggregate Bond ETF in the second quarter worth $52,000. Finally, Raymond James Financial Inc. increased its stake in SPDR Portfolio Aggregate Bond ETF by 4.1% in the second quarter. Raymond James Financial Inc. now owns 2,867,808 shares of the company’s stock valued at $73,416,000 after acquiring an additional 112,303 shares during the last quarter.

SPDR Portfolio Aggregate Bond ETF Stock Performance

NYSEARCA SPAB opened at $25.31 on Monday. The stock’s 50-day simple moving average is $25.41 and its two-hundred day simple moving average is $25.63. SPDR Portfolio Aggregate Bond ETF has a twelve month low of $25.14 and a twelve 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.