McNamara Financial Services Inc. Increases Holdings in SPDR Portfolio Aggregate Bond ETF $SPAB

McNamara Financial Services Inc. raised its stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 0.9% during the second quarter, HoldingsChannel.com reports. The fund owned 1,386,530 shares of the company’s stock after acquiring an additional 12,535 shares during the quarter. SPDR Portfolio Aggregate Bond ETF accounts for about 7.0% of McNamara Financial Services Inc.’s holdings, making the stock its 4th largest position. McNamara Financial Services Inc.’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $35,495,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Rainier Family Wealth Inc. grew its position in SPDR Portfolio Aggregate Bond ETF by 61.8% in the second quarter. Rainier Family Wealth Inc. now owns 65,380 shares of the company’s stock valued at $1,674,000 after acquiring an additional 24,967 shares during the period. EverSource Wealth Advisors LLC bought a new stake in SPDR Portfolio Aggregate Bond ETF in the first quarter valued at $1,622,000. Bank of New York Mellon Corp grew its position in SPDR Portfolio Aggregate Bond ETF by 6.0% in the first quarter. Bank of New York Mellon Corp now owns 911,799 shares of the company’s stock valued at $23,287,000 after acquiring an additional 51,457 shares during the period. Focus Financial Network Inc. bought a new stake in SPDR Portfolio Aggregate Bond ETF in the second quarter valued at $725,000. Finally, Lynx Investment Advisory grew its position in SPDR Portfolio Aggregate Bond ETF by 2.4% in the second quarter. Lynx Investment Advisory now owns 38,312 shares of the company’s stock valued at $981,000 after acquiring an additional 911 shares during the period.

SPDR Portfolio Aggregate Bond ETF Price Performance

SPDR Portfolio Aggregate Bond ETF stock opened at $25.92 on Monday. The business’s fifty day moving average is $25.73 and its two-hundred day moving average is $25.46. SPDR Portfolio Aggregate Bond ETF has a 52 week low of $24.70 and a 52 week high of $26.05.

SPDR Portfolio Aggregate Bond ETF 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.