SPDR Portfolio Aggregate Bond ETF $SPAB Shares Sold by Altus Wealth Group LLC

Altus Wealth Group LLC reduced its stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 29.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,558 shares of the company’s stock after selling 23,050 shares during the period. Altus Wealth Group LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $1,397,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Cheviot Value Management LLC acquired a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the first quarter valued at about $32,000. Blue Trust Inc. purchased a new position in SPDR Portfolio Aggregate Bond ETF in the 2nd quarter worth approximately $44,000. Wolff Wiese Magana LLC grew its position in 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 acquiring an additional 1,099 shares in the last quarter. Private Wealth Asset Management LLC raised its stake in shares of SPDR Portfolio Aggregate Bond ETF by 575.4% during the second quarter. Private Wealth Asset Management LLC now owns 5,619 shares of the company’s stock valued at $144,000 after purchasing an additional 4,787 shares during the period. Finally, Goelzer Investment Management Inc. acquired a new position in shares of SPDR Portfolio Aggregate Bond ETF during the second quarter worth $203,000.

SPDR Portfolio Aggregate Bond ETF Stock Performance

Shares of SPAB stock opened at $26.04 on Monday. The firm has a fifty day simple moving average of $25.78 and a 200-day simple moving average of $25.47. SPDR Portfolio Aggregate Bond ETF has a twelve month low of $24.70 and a twelve month high of $26.07.

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.