Merit Financial Group LLC Trims Holdings in SPDR Portfolio Aggregate Bond ETF $SPAB

Merit Financial Group LLC trimmed its stake in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 38.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 62,185 shares of the company’s stock after selling 38,733 shares during the period. Merit Financial Group LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $1,601,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Cerity Partners LLC grew its holdings in SPDR Portfolio Aggregate Bond ETF by 5.1% in the third quarter. Cerity Partners LLC now owns 11,074,917 shares of the company’s stock valued at $286,287,000 after purchasing an additional 541,686 shares during the period. ERn Financial LLC boosted its stake in shares of SPDR Portfolio Aggregate Bond ETF by 30.7% in the third quarter. ERn Financial LLC now owns 318,924 shares of the company’s stock worth $8,244,000 after acquiring an additional 74,825 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in SPDR Portfolio Aggregate Bond ETF during the third quarter worth approximately $2,661,000. Americana Partners LLC raised its position in SPDR Portfolio Aggregate Bond ETF by 12.6% in the third quarter. Americana Partners LLC now owns 1,082,531 shares of the company’s stock valued at $27,983,000 after purchasing an additional 120,970 shares during the period. Finally, Algorithmic Investment Models LLC raised its position in SPDR Portfolio Aggregate Bond ETF by 5.2% in the third quarter. Algorithmic Investment Models LLC now owns 608,102 shares of the company’s stock valued at $15,719,000 after purchasing an additional 30,221 shares during the period.

SPDR Portfolio Aggregate Bond ETF Trading Up 0.2%

SPAB stock opened at $25.69 on Thursday. SPDR Portfolio Aggregate Bond ETF has a 12-month low of $24.93 and a 12-month high of $26.17. The business’s fifty day moving average price is $25.76 and its 200 day moving average price is $25.82.

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.