Orion Porfolio Solutions LLC Purchases 82,373 Shares of SPDR Portfolio Aggregate Bond ETF $SPAB

Orion Porfolio Solutions LLC increased its position in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 42.6% in the second quarter, Holdings Channel.com reports. The firm owned 275,591 shares of the company’s stock after purchasing an additional 82,373 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $7,055,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cerity Partners LLC grew its stake in shares of SPDR Portfolio Aggregate Bond ETF by 5.8% during the second quarter. Cerity Partners LLC now owns 10,533,231 shares of the company’s stock valued at $269,651,000 after buying an additional 573,590 shares during the last quarter. Rainier Family Wealth Inc. boosted its holdings 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 acquiring an additional 24,967 shares during the period. Baker Avenue Asset Management LP grew its position in SPDR Portfolio Aggregate Bond ETF by 2.8% in the 2nd quarter. Baker Avenue Asset Management LP now owns 2,999,565 shares of the company’s stock valued at $76,789,000 after acquiring an additional 82,092 shares during the last quarter. Weitzel Financial Services Inc. increased its stake in SPDR Portfolio Aggregate Bond ETF by 2.8% in the second quarter. Weitzel Financial Services Inc. now owns 661,917 shares of the company’s stock worth $16,917,000 after purchasing an additional 17,893 shares during the period. Finally, Cahill Financial Advisors Inc. increased its stake in SPDR Portfolio Aggregate Bond ETF by 4.2% in the second quarter. Cahill Financial Advisors Inc. now owns 112,736 shares of the company’s stock worth $2,886,000 after purchasing an additional 4,508 shares during the period.

SPDR Portfolio Aggregate Bond ETF Price Performance

Shares of SPAB opened at $25.77 on Tuesday. The firm has a fifty day moving average price of $25.91 and a 200-day moving average price of $25.67. 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 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.