MJT & Associates Financial Advisory Group Inc. Invests $289,000 in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB)

MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,306 shares of the company’s stock, valued at approximately $289,000.

Several other hedge funds and other institutional investors also recently modified their holdings of SPAB. Kayne Anderson Rudnick Investment Management LLC purchased a new position in shares of SPDR Portfolio Aggregate Bond ETF during the fourth quarter worth about $88,000. Mascagni Wealth Management Inc. purchased a new stake in SPDR Portfolio Aggregate Bond ETF in the fourth quarter worth approximately $298,000. Vicus Capital boosted its stake in SPDR Portfolio Aggregate Bond ETF by 2.7% in the first quarter. Vicus Capital now owns 18,376 shares of the company’s stock worth $469,000 after buying an additional 483 shares in the last quarter. Richardson Financial Services Inc. boosted its stake in SPDR Portfolio Aggregate Bond ETF by 12.5% in the first quarter. Richardson Financial Services Inc. now owns 29,174 shares of the company’s stock worth $745,000 after buying an additional 3,233 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in SPDR Portfolio Aggregate Bond ETF by 60.7% in the first quarter. Farther Finance Advisors LLC now owns 54,969 shares of the company’s stock worth $1,403,000 after buying an additional 20,772 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Stock Up 0.2%

Shares of SPAB opened at $25.41 on Monday. The stock has a 50 day simple moving average of $25.29 and a two-hundred day simple moving average of $25.28. SPDR Portfolio Aggregate Bond ETF has a 1 year low of $24.70 and a 1 year high of $26.34.

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.