GM Advisory Group LLC Has $47.69 Million Stock Holdings in SPDR Portfolio Aggregate Bond ETF $SPAB

GM Advisory Group LLC raised its position in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 4.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,861,558 shares of the company’s stock after purchasing an additional 77,988 shares during the period. SPDR Portfolio Aggregate Bond ETF makes up approximately 1.8% of GM Advisory Group LLC’s investment portfolio, making the stock its 12th biggest position. GM Advisory Group LLC owned 0.48% of SPDR Portfolio Aggregate Bond ETF worth $47,693,000 at the end of the most recent quarter.

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

SPDR Portfolio Aggregate Bond ETF Price Performance

NYSEARCA:SPAB opened at $25.40 on Friday. SPDR Portfolio Aggregate Bond ETF has a twelve month low of $25.14 and a twelve month high of $26.17. The stock’s 50-day simple moving average is $25.46 and its 200 day simple moving average is $25.66.

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.