Private Wealth Group LLC Trims Holdings in SPDR Portfolio Aggregate Bond ETF $SPAB

Private Wealth Group LLC trimmed its stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 3.1% during the second quarter, Holdings Channel.com reports. The fund owned 81,004 shares of the company’s stock after selling 2,627 shares during the period. SPDR Portfolio Aggregate Bond ETF accounts for about 1.1% of Private Wealth Group LLC’s investment portfolio, making the stock its 17th biggest position. Private Wealth Group LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $2,074,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cheviot Value Management LLC purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the 1st quarter valued at approximately $32,000. Wolff Wiese Magana LLC grew its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 89.3% in the second quarter. Wolff Wiese Magana LLC now owns 2,329 shares of the company’s stock valued at $60,000 after purchasing an additional 1,099 shares in the last quarter. Goelzer Investment Management Inc. acquired a new position in shares of SPDR Portfolio Aggregate Bond ETF in the second quarter valued at approximately $203,000. Global Financial Private Client LLC grew its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 1,447.6% in the second quarter. Global Financial Private Client LLC now owns 8,945 shares of the company’s stock valued at $229,000 after purchasing an additional 8,367 shares in the last quarter. Finally, Peak Financial Advisors LLC acquired a new position in shares of SPDR Portfolio Aggregate Bond ETF in the second quarter valued at approximately $238,000.

SPDR Portfolio Aggregate Bond ETF Stock Performance

Shares of SPAB stock opened at $25.84 on Friday. The company has a 50 day moving average price of $25.69 and a 200 day moving average price of $25.44. SPDR Portfolio Aggregate Bond ETF has a fifty-two week low of $24.70 and a fifty-two week high of $26.05.

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.