HighTower Advisors LLC Buys 40,411 Shares of SPDR Portfolio Aggregate Bond ETF $SPAB

HighTower Advisors LLC lifted its stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 12.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 359,020 shares of the company’s stock after purchasing an additional 40,411 shares during the period. HighTower Advisors LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $9,245,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Franklin Resources Inc. purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the second quarter worth $26,000. Gould Capital LLC purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the third quarter worth $26,000. Collier Financial purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the third quarter worth $32,000. Bare Financial Services Inc purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the third quarter worth $32,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the fourth quarter worth $47,000.

SPDR Portfolio Aggregate Bond ETF Stock Performance

Shares of SPAB stock opened at $25.37 on Tuesday. SPDR Portfolio Aggregate Bond ETF has a 52-week low of $25.05 and a 52-week high of $26.17. The business’s fifty day moving average is $25.55 and its 200 day moving average is $25.74.

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.