Lodestar Private Asset Management LLC Raises Position in SPDR Portfolio Aggregate Bond ETF $SPAB

Lodestar Private Asset Management LLC raised its position in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 5.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,321,303 shares of the company’s stock after buying an additional 67,071 shares during the period. SPDR Portfolio Aggregate Bond ETF comprises 3.3% of Lodestar Private Asset Management LLC’s portfolio, making the stock its 5th biggest position. Lodestar Private Asset Management LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $33,852,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of SPAB. Franklin Resources Inc. acquired a new position in shares of SPDR Portfolio Aggregate Bond ETF in the 2nd quarter worth approximately $26,000. State Street Corp grew its position in SPDR Portfolio Aggregate Bond ETF by 103.7% during the 2nd quarter. State Street Corp now owns 23,633,736 shares of the company’s stock worth $605,024,000 after acquiring an additional 12,031,034 shares during the last quarter. Main Street Financial Solutions LLC bought a new stake in SPDR Portfolio Aggregate Bond ETF during the 2nd quarter worth approximately $1,227,000. Darwin Wealth Management LLC acquired a new stake in SPDR Portfolio Aggregate Bond ETF during the 2nd quarter valued at $52,000. Finally, Raymond James Financial Inc. increased its holdings in SPDR Portfolio Aggregate Bond ETF by 4.1% during the 2nd quarter. Raymond James Financial Inc. now owns 2,867,808 shares of the company’s stock valued at $73,416,000 after purchasing an additional 112,303 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Stock Performance

Shares of SPAB opened at $25.40 on Friday. The stock has a fifty day moving average price of $25.46 and a two-hundred day moving average price of $25.66. SPDR Portfolio Aggregate Bond ETF has a 52-week low of $25.14 and a 52-week 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.