LPL Financial LLC Buys 1,545,797 Shares of SPDR Portfolio Aggregate Bond ETF $SPAB

LPL Financial LLC increased its stake in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 7.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 23,515,369 shares of the company’s stock after acquiring an additional 1,545,797 shares during the period. LPL Financial LLC owned 0.07% of SPDR Portfolio Aggregate Bond ETF worth $605,521,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. grew its position in shares of SPDR Portfolio Aggregate Bond ETF by 27.3% in the 4th quarter. JPMorgan Chase & Co. now owns 2,813,584 shares of the company’s stock valued at $72,450,000 after acquiring an additional 603,390 shares during the period. Syon Capital LLC grew its position in shares of SPDR Portfolio Aggregate Bond ETF by 2.1% in the 4th quarter. Syon Capital LLC now owns 1,208,452 shares of the company’s stock valued at $31,118,000 after acquiring an additional 25,428 shares during the period. Arsenal Capital Advisors LLC bought a new position in shares of SPDR Portfolio Aggregate Bond ETF in the 4th quarter valued at about $1,205,000. Parallel Advisors LLC grew its position in shares of SPDR Portfolio Aggregate Bond ETF by 5.0% in the 4th quarter. Parallel Advisors LLC now owns 206,866 shares of the company’s stock valued at $5,327,000 after acquiring an additional 9,793 shares during the period. Finally, Convergence Financial LLC grew its position in shares of SPDR Portfolio Aggregate Bond ETF by 5.4% in the 4th quarter. Convergence Financial LLC now owns 1,299,020 shares of the company’s stock valued at $33,450,000 after acquiring an additional 66,452 shares during the period.

SPDR Portfolio Aggregate Bond ETF Price Performance

Shares of SPAB opened at $25.32 on Monday. The firm has a 50-day moving average of $25.52 and a 200-day moving average of $25.72. SPDR Portfolio Aggregate Bond ETF has a one year low of $25.08 and a one year high of $26.17.

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.