138,378 Shares in SPDR Portfolio Aggregate Bond ETF $SPAB Acquired by Sowell Financial Services LLC

Sowell Financial Services LLC purchased a new position in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 138,378 shares of the company’s stock, valued at approximately $3,371,000.

Other hedge funds also recently made changes to their positions in the company. Cliftonlarsonallen Wealth Advisors LLC bought a new position in SPDR Portfolio Aggregate Bond ETF during the third quarter valued at about $257,427,000. Envestnet Asset Management Inc. increased its position in SPDR Portfolio Aggregate Bond ETF by 0.7% in the second quarter. Envestnet Asset Management Inc. now owns 9,857,952 shares of the company’s stock worth $251,575,000 after buying an additional 67,300 shares during the last quarter. Bank of America Corp DE raised its stake in shares of SPDR Portfolio Aggregate Bond ETF by 23.5% in the first quarter. Bank of America Corp DE now owns 5,842,790 shares of the company’s stock valued at $149,692,000 after buying an additional 1,112,552 shares during the period. Tobias Financial Advisors Inc. raised its stake in SPDR Portfolio Aggregate Bond ETF by 6.0% in the 2nd quarter. Tobias Financial Advisors Inc. now owns 4,428,126 shares of the company’s stock valued at $113,006,000 after acquiring an additional 249,337 shares during the period. Finally, Wealthcare Advisory Partners LLC lifted its holdings in SPDR Portfolio Aggregate Bond ETF by 6.3% during the second quarter. Wealthcare Advisory Partners LLC now owns 3,206,173 shares of the company’s stock valued at $81,822,000 after purchasing an additional 190,995 shares during the last quarter.

SPDR Portfolio Aggregate Bond ETF Price Performance

NYSEARCA SPAB opened at $24.85 on Friday. The company’s 50 day moving average is $24.70 and its 200-day moving average is $25.33. SPDR Portfolio Aggregate Bond ETF has a 12-month low of $24.17 and a 12-month high of $26.17.

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.