Cetera Investment Advisers Cuts Stake in SPDR Portfolio Aggregate Bond ETF $SPAB

Cetera Investment Advisers lowered its stake in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 38.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 710,779 shares of the company’s stock after selling 440,002 shares during the period. Cetera Investment Advisers owned 0.21% of SPDR Portfolio Aggregate Bond ETF worth $18,196,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Advisory Resource Group grew its stake in SPDR Portfolio Aggregate Bond ETF by 8.1% during the second quarter. Advisory Resource Group now owns 500,122 shares of the company’s stock valued at $12,803,000 after acquiring an additional 37,431 shares in the last quarter. Empower Advisory Group LLC boosted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 104.6% during the 2nd quarter. Empower Advisory Group LLC now owns 117,392 shares of the company’s stock valued at $3,005,000 after purchasing an additional 60,010 shares during the last quarter. Security Financial Services INC. grew its position in shares of SPDR Portfolio Aggregate Bond ETF by 0.3% during the second quarter. Security Financial Services INC. now owns 342,644 shares of the company’s stock valued at $8,772,000 after purchasing an additional 1,037 shares in the last quarter. Foundations Investment Advisors LLC grew its position in shares of SPDR Portfolio Aggregate Bond ETF by 0.5% during the second quarter. Foundations Investment Advisors LLC now owns 201,092 shares of the company’s stock valued at $5,148,000 after purchasing an additional 981 shares in the last quarter. Finally, Hibernia Wealth Partners LLC increased its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 91.0% in the second quarter. Hibernia Wealth Partners LLC now owns 86,164 shares of the company’s stock worth $2,206,000 after purchasing an additional 41,058 shares during the last quarter.

SPDR Portfolio Aggregate Bond ETF Price Performance

Shares of SPDR Portfolio Aggregate Bond ETF stock opened at $25.82 on Wednesday. The stock has a 50 day moving average of $25.91 and a 200 day moving average of $25.57. SPDR Portfolio Aggregate Bond ETF has a 12 month low of $24.70 and a 12 month high of $26.16.

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.