Gateway Wealth Partners LLC increased its position in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB – Free Report) by 132.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,107,920 shares of the company’s stock after buying an additional 631,384 shares during the period. SPDR Portfolio Aggregate Bond ETF accounts for 1.1% of Gateway Wealth Partners LLC’s holdings, making the stock its 9th biggest position. Gateway Wealth Partners LLC owned about 0.29% of SPDR Portfolio Aggregate Bond ETF worth $28,385,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Franklin Resources Inc. acquired a new position in shares of SPDR Portfolio Aggregate Bond ETF in the second quarter worth about $26,000. Gould Capital LLC purchased a new position in shares of SPDR Portfolio Aggregate Bond ETF in the 3rd quarter valued at about $26,000. Kingdom Financial Group LLC. acquired a new position in SPDR Portfolio Aggregate Bond ETF in the 4th quarter worth about $27,000. Johnson Financial Group Inc. acquired a new position in SPDR Portfolio Aggregate Bond ETF in the 1st quarter worth about $27,000. Finally, Godfrey Financial Associates Inc. acquired a new position in SPDR Portfolio Aggregate Bond ETF in the 4th quarter worth about $29,000.
SPDR Portfolio Aggregate Bond ETF Price Performance
Shares of SPAB opened at $25.13 on Monday. SPDR Portfolio Aggregate Bond ETF has a 12 month low of $25.07 and a 12 month high of $26.17. The stock’s 50 day moving average is $25.38 and its two-hundred day moving average is $25.61.
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.
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