Donoghue Forlines LLC Takes $32.77 Million Position in SPDR Portfolio Aggregate Bond ETF $SPAB

Donoghue Forlines LLC acquired a new stake in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 1,272,713 shares of the company’s stock, valued at approximately $32,772,000. SPDR Portfolio Aggregate Bond ETF comprises about 10.1% of Donoghue Forlines LLC’s holdings, making the stock its 2nd biggest position.

Other institutional investors and hedge funds also recently modified their holdings of the company. FAS Wealth Partners Inc. acquired a new position in shares of SPDR Portfolio Aggregate Bond ETF during the 3rd quarter valued at about $26,000. Franklin Resources Inc. acquired a new position in shares of SPDR Portfolio Aggregate Bond ETF during the 2nd quarter valued at about $26,000. Gould Capital LLC acquired a new stake in SPDR Portfolio Aggregate Bond ETF during the 3rd quarter worth approximately $26,000. Collier Financial acquired a new stake in SPDR Portfolio Aggregate Bond ETF during the 3rd quarter worth approximately $32,000. Finally, Bare Financial Services Inc acquired a new stake in SPDR Portfolio Aggregate Bond ETF during the 3rd quarter worth approximately $32,000.

SPDR Portfolio Aggregate Bond ETF Price Performance

SPAB opened at $25.43 on Friday. The firm has a 50 day moving average price of $25.62 and a 200 day moving average price of $25.78. SPDR Portfolio Aggregate Bond ETF has a 1 year low of $24.93 and a 1 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.