Financial Strategies Group Inc. Has $47.45 Million Position in SPDR Portfolio Aggregate Bond ETF $SPAB

Financial Strategies Group Inc. boosted its holdings in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 4.1% during the 4th quarter, Holdings Channel reports. The fund owned 1,839,895 shares of the company’s stock after acquiring an additional 72,000 shares during the quarter. SPDR Portfolio Aggregate Bond ETF comprises 8.6% of Financial Strategies Group Inc.’s portfolio, making the stock its 2nd largest holding. Financial Strategies Group Inc.’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $47,451,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. State Street Corp increased its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 103.7% during the second quarter. State Street Corp now owns 23,633,736 shares of the company’s stock valued at $605,024,000 after purchasing an additional 12,031,034 shares during the period. CWM LLC raised its position in shares of SPDR Portfolio Aggregate Bond ETF by 7.0% during the 4th quarter. CWM LLC now owns 18,193,758 shares of the company’s stock worth $468,489,000 after buying an additional 1,197,111 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC lifted its stake in shares of SPDR Portfolio Aggregate Bond ETF by 7.4% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 15,211,308 shares of the company’s stock worth $391,691,000 after acquiring an additional 1,045,991 shares during the period. Vestmark Advisory Solutions Inc. boosted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 890.1% in the third quarter. Vestmark Advisory Solutions Inc. now owns 890,564 shares of the company’s stock valued at $23,021,000 after acquiring an additional 800,621 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new position in shares of SPDR Portfolio Aggregate Bond ETF in the third quarter valued at approximately $18,205,000.

SPDR Portfolio Aggregate Bond ETF Price Performance

Shares of NYSEARCA:SPAB opened at $25.44 on Thursday. SPDR Portfolio Aggregate Bond ETF has a 12 month low of $24.93 and a 12 month high of $26.17. The stock’s 50 day moving average price is $25.63 and its 200 day moving average price is $25.78.

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.