Money Design Co. Ltd. Has $28.09 Million Stake in SPDR Portfolio Aggregate Bond ETF $SPAB

Money Design Co. Ltd. raised its stake in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 4.9% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 1,097,073 shares of the company’s stock after purchasing an additional 51,742 shares during the period. SPDR Portfolio Aggregate Bond ETF makes up approximately 1.3% of Money Design Co. Ltd.’s portfolio, making the stock its 19th biggest holding. Money Design Co. Ltd. owned about 0.33% of SPDR Portfolio Aggregate Bond ETF worth $28,085,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Rainier Family Wealth Inc. boosted its stake in SPDR Portfolio Aggregate Bond ETF by 61.8% during the 2nd quarter. Rainier Family Wealth Inc. now owns 65,380 shares of the company’s stock valued at $1,674,000 after purchasing an additional 24,967 shares during the last quarter. Concurrent Investment Advisors LLC purchased a new position in shares of SPDR Portfolio Aggregate Bond ETF in the 2nd quarter worth approximately $237,000. EverSource Wealth Advisors LLC purchased a new position in shares of SPDR Portfolio Aggregate Bond ETF in the 1st quarter worth approximately $1,622,000. Focus Financial Network Inc. purchased a new position in shares of SPDR Portfolio Aggregate Bond ETF in the 2nd quarter worth approximately $725,000. Finally, Bank of New York Mellon Corp boosted its stake in shares of SPDR Portfolio Aggregate Bond ETF by 6.0% in the 1st quarter. Bank of New York Mellon Corp now owns 911,799 shares of the company’s stock worth $23,287,000 after buying an additional 51,457 shares during the last quarter.

SPDR Portfolio Aggregate Bond ETF Stock Performance

Shares of NYSEARCA SPAB opened at $26.06 on Friday. SPDR Portfolio Aggregate Bond ETF has a twelve month low of $24.70 and a twelve month high of $26.16. The stock’s 50 day moving average price is $25.82 and its 200-day moving average price is $25.49.

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.