SPDR Portfolio Aggregate Bond ETF $SPAB Stake Boosted by Cornerstone Advisors Asset Management LLC

Cornerstone Advisors Asset Management LLC boosted its position in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 50.8% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,534,062 shares of the company’s stock after acquiring an additional 853,146 shares during the quarter. SPDR Portfolio Aggregate Bond ETF accounts for 8.5% of Cornerstone Advisors Asset Management LLC’s portfolio, making the stock its 2nd biggest holding. Cornerstone Advisors Asset Management LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $64,669,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of SPAB. Tennessee Valley Asset Management Partners lifted its stake in shares of SPDR Portfolio Aggregate Bond ETF by 9.9% in the 4th quarter. Tennessee Valley Asset Management Partners now owns 412,025 shares of the company’s stock worth $10,610,000 after purchasing an additional 37,063 shares during the period. Tobias Financial Advisors Inc. raised its position in SPDR Portfolio Aggregate Bond ETF by 5.7% in the fourth quarter. Tobias Financial Advisors Inc. now owns 3,904,988 shares of the company’s stock worth $100,553,000 after acquiring an additional 212,237 shares during the period. Mueller Wealth LLC bought a new position in SPDR Portfolio Aggregate Bond ETF in the fourth quarter worth approximately $19,613,000. Capital Financial Group Inc. Co. ADV grew its position in shares of SPDR Portfolio Aggregate Bond ETF by 17.4% during the 1st quarter. Capital Financial Group Inc. Co. ADV now owns 151,566 shares of the company’s stock valued at $3,883,000 after acquiring an additional 22,449 shares during the period. Finally, Money Concepts Capital Corp grew its position in shares of SPDR Portfolio Aggregate Bond ETF by 6.0% during the 4th quarter. Money Concepts Capital Corp now owns 756,226 shares of the company’s stock valued at $19,473,000 after acquiring an additional 42,777 shares during the period.

SPDR Portfolio Aggregate Bond ETF Stock Performance

Shares of NYSEARCA SPAB opened at $24.99 on Friday. SPDR Portfolio Aggregate Bond ETF has a 52-week low of $24.90 and a 52-week high of $26.17. The firm’s fifty day moving average is $25.20 and its two-hundred day moving average is $25.46.

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.