Cornerstone Wealth Management LLC Grows Position in SPDR Portfolio Aggregate Bond ETF $SPAB

Cornerstone Wealth Management LLC grew its stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 8.8% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 329,457 shares of the company’s stock after acquiring an additional 26,733 shares during the period. Cornerstone Wealth Management LLC owned about 0.10% of SPDR Portfolio Aggregate Bond ETF worth $8,516,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in the stock. Global Strategic Investment Solutions LLC raised its position in SPDR Portfolio Aggregate Bond ETF by 1.0% in the second quarter. Global Strategic Investment Solutions LLC now owns 42,162 shares of the company’s stock valued at $1,079,000 after purchasing an additional 401 shares during the period. Investment Planning Advisors Inc. lifted its stake in SPDR Portfolio Aggregate Bond ETF by 3.6% during the 3rd quarter. Investment Planning Advisors Inc. now owns 11,792 shares of the company’s stock worth $305,000 after acquiring an additional 412 shares in the last quarter. OLIO Financial Planning boosted its holdings in SPDR Portfolio Aggregate Bond ETF by 5.0% during the 3rd quarter. OLIO Financial Planning now owns 8,777 shares of the company’s stock valued at $227,000 after acquiring an additional 420 shares during the period. Garrett Wealth Advisory Group LLC grew its position in SPDR Portfolio Aggregate Bond ETF by 2.2% in the 2nd quarter. Garrett Wealth Advisory Group LLC now owns 19,727 shares of the company’s stock valued at $505,000 after acquiring an additional 434 shares in the last quarter. Finally, AMJ Financial Wealth Management increased its stake in SPDR Portfolio Aggregate Bond ETF by 3.1% during the second quarter. AMJ Financial Wealth Management now owns 14,655 shares of the company’s stock worth $375,000 after purchasing an additional 440 shares during the period.

SPDR Portfolio Aggregate Bond ETF Price Performance

Shares of SPAB opened at $25.82 on Friday. SPDR Portfolio Aggregate Bond ETF has a 1 year low of $24.82 and a 1 year high of $26.16. The company’s 50-day simple moving average is $25.82 and its 200-day simple moving average is $25.77.

SPDR Portfolio Aggregate Bond ETF Company 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.