SPDR Portfolio Aggregate Bond ETF $SPAB Shares Acquired by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC lifted its stake in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 8.8% during the third quarter, Holdings Channel reports. The fund owned 329,457 shares of the company’s stock after acquiring an additional 26,733 shares during the period. Cornerstone Wealth Management LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $8,516,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SPAB. FAS Wealth Partners Inc. acquired a new position in SPDR Portfolio Aggregate Bond ETF during the 3rd quarter worth $26,000. Franklin Resources Inc. purchased a new position in shares of SPDR Portfolio Aggregate Bond ETF in the 2nd quarter valued at about $26,000. Steward Partners Investment Advisory LLC grew its position in shares of SPDR Portfolio Aggregate Bond ETF by 113.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,271 shares of the company’s stock worth $33,000 after buying an additional 675 shares in the last quarter. Blue Trust Inc. purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the second quarter worth approximately $44,000. Finally, Darwin Wealth Management LLC acquired a new stake in SPDR Portfolio Aggregate Bond ETF in the second quarter valued at approximately $52,000.

SPDR Portfolio Aggregate Bond ETF Stock Performance

Shares of SPDR Portfolio Aggregate Bond ETF stock opened at $25.82 on Friday. SPDR Portfolio Aggregate Bond ETF has a 52-week low of $24.82 and a 52-week high of $26.16. The company has a 50 day moving average of $25.82 and a 200 day moving average of $25.77.

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.