Cornerstone Wealth Management LLC grew its stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB – Free Report) by 20.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 671,847 shares of the company’s stock after buying an additional 114,018 shares during the period. Cornerstone Wealth Management LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $16,366,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds also recently made changes to their positions in the company. StoneX Group Inc. acquired a new stake in SPDR Portfolio Aggregate Bond ETF during the 3rd quarter valued at approximately $326,000. Balentine LLC lifted its position in shares of SPDR Portfolio Aggregate Bond ETF by 4.7% in the 3rd quarter. Balentine LLC now owns 12,031 shares of the company’s stock worth $293,000 after purchasing an additional 537 shares during the period. Tennessee Valley Asset Management Partners boosted its stake in shares of SPDR Portfolio Aggregate Bond ETF by 4.3% in the 3rd quarter. Tennessee Valley Asset Management Partners now owns 723,467 shares of the company’s stock valued at $17,624,000 after purchasing an additional 29,814 shares during the last quarter. Tenzing Financial LLC boosted its stake in shares of SPDR Portfolio Aggregate Bond ETF by 3.2% in the 3rd quarter. Tenzing Financial LLC now owns 329,434 shares of the company’s stock valued at $8,071,000 after purchasing an additional 10,249 shares during the last quarter. Finally, Asset Dedication LLC acquired a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the third quarter worth $209,000.
SPDR Portfolio Aggregate Bond ETF Trading Down 0.8%
SPAB opened at $24.70 on Wednesday. SPDR Portfolio Aggregate Bond ETF has a twelve month low of $24.17 and a twelve month high of $26.17. The company has a fifty day moving average of $24.65 and a 200-day moving average of $25.30.
About SPDR Portfolio Aggregate Bond ETF
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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