Independent Financial Group LLC Buys Shares of 213,504 SPDR Portfolio Aggregate Bond ETF $SPAB

Independent Financial Group LLC bought a new position in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 213,504 shares of the company’s stock, valued at approximately $5,470,000.

Several other institutional investors have also made changes to their positions in the company. Franklin Resources Inc. bought a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the 2nd quarter valued at approximately $26,000. Gould Capital LLC acquired a new position in SPDR Portfolio Aggregate Bond ETF in the third quarter worth approximately $26,000. Kingdom Financial Group LLC. bought a new position in SPDR Portfolio Aggregate Bond ETF during the fourth quarter valued at approximately $27,000. Godfrey Financial Associates Inc. bought a new position in SPDR Portfolio Aggregate Bond ETF during the fourth quarter valued at approximately $29,000. Finally, Rossby Financial LCC lifted its stake in SPDR Portfolio Aggregate Bond ETF by 43.5% in the fourth quarter. Rossby Financial LCC now owns 1,293 shares of the company’s stock valued at $33,000 after acquiring an additional 392 shares during the last quarter.

SPDR Portfolio Aggregate Bond ETF Trading Up 0.0%

NYSEARCA SPAB opened at $25.31 on Friday. SPDR Portfolio Aggregate Bond ETF has a 12-month low of $25.14 and a 12-month high of $26.17. The company has a 50 day moving average price of $25.41 and a two-hundred day moving average price of $25.63.

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.