NewEdge Advisors LLC Reduces Holdings in SPDR Portfolio Aggregate Bond ETF $SPAB

NewEdge Advisors LLC reduced its position in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 1.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,667,791 shares of the company’s stock after selling 29,399 shares during the quarter. NewEdge Advisors LLC owned about 0.43% of SPDR Portfolio Aggregate Bond ETF worth $42,562,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. State Street Corp grew its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 103.7% during the second 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. LPL Financial LLC raised its holdings in SPDR Portfolio Aggregate Bond ETF by 7.0% in the 4th quarter. LPL Financial LLC now owns 23,515,369 shares of the company’s stock valued at $605,521,000 after acquiring an additional 1,545,797 shares during the last quarter. Cerity Partners LLC lifted its stake in SPDR Portfolio Aggregate Bond ETF by 5.5% in the 4th quarter. Cerity Partners LLC now owns 11,679,296 shares of the company’s stock worth $300,742,000 after purchasing an additional 604,379 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 23.5% during the 1st quarter. Bank of America Corp DE now owns 5,842,790 shares of the company’s stock worth $149,692,000 after purchasing an additional 1,112,552 shares during the last quarter. Finally, Tobias Financial Advisors Inc. boosted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 6.0% during the 2nd quarter. Tobias Financial Advisors Inc. now owns 4,428,126 shares of the company’s stock worth $113,006,000 after purchasing an additional 249,337 shares during the last quarter.

SPDR Portfolio Aggregate Bond ETF Stock Performance

SPAB stock opened at $24.91 on Thursday. SPDR Portfolio Aggregate Bond ETF has a 1 year low of $24.89 and a 1 year high of $26.17. The business has a 50 day simple moving average of $25.16 and a 200-day simple moving average of $25.44.

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.