NewEdge Advisors LLC Sells 182,871 Shares of SPDR Portfolio Aggregate Bond ETF $SPAB

NewEdge Advisors LLC cut its holdings in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 9.7% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,697,190 shares of the company’s stock after selling 182,871 shares during the quarter. NewEdge Advisors LLC owned 0.44% of SPDR Portfolio Aggregate Bond ETF worth $43,482,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Franklin Resources Inc. bought a new position in shares of SPDR Portfolio Aggregate Bond ETF during the 2nd quarter valued at $26,000. State Street Corp boosted its position in 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 buying an additional 12,031,034 shares during the period. Main Street Financial Solutions LLC purchased a new stake in SPDR Portfolio Aggregate Bond ETF during the second quarter valued at about $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 about $52,000. Finally, Raymond James Financial Inc. grew its stake 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 buying an additional 112,303 shares during the last quarter.

SPDR Portfolio Aggregate Bond ETF Trading Down 0.3%

SPAB opened at $25.10 on Friday. The business’s 50-day moving average price is $25.34 and its 200-day moving average price is $25.57. SPDR Portfolio Aggregate Bond ETF has a 12 month low of $25.03 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.