Horizon Investments LLC Has $182.51 Million Stock Position in SPDR Portfolio Aggregate Bond ETF $SPAB

Horizon Investments LLC raised its stake in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 1.5% in the fourth quarter, Holdings Channel reports. The fund owned 7,087,609 shares of the company’s stock after acquiring an additional 107,886 shares during the period. SPDR Portfolio Aggregate Bond ETF comprises approximately 2.3% of Horizon Investments LLC’s holdings, making the stock its 8th biggest position. Horizon Investments LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $182,506,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPAB. Franklin Resources Inc. bought a new position in shares of SPDR Portfolio Aggregate Bond ETF during the second quarter valued at $26,000. State Street Corp lifted 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 acquiring an additional 12,031,034 shares during the period. Main Street Financial Solutions LLC bought a new position in shares of SPDR Portfolio Aggregate Bond ETF during the second quarter valued at $1,227,000. Darwin Wealth Management LLC bought a new position in shares of SPDR Portfolio Aggregate Bond ETF during the second quarter valued at $52,000. Finally, Raymond James Financial Inc. lifted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 4.1% during the second quarter. Raymond James Financial Inc. now owns 2,867,808 shares of the company’s stock valued at $73,416,000 after acquiring an additional 112,303 shares during the period.

SPDR Portfolio Aggregate Bond ETF Stock Down 0.2%

SPDR Portfolio Aggregate Bond ETF stock opened at $25.49 on Friday. The stock has a 50-day simple moving average of $25.71 and a 200 day simple moving average of $25.81. SPDR Portfolio Aggregate Bond ETF has a 12-month low of $24.93 and a 12-month high of $26.17.

SPDR Portfolio Aggregate Bond ETF 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.