Sax Wealth Advisors LLC Grows Stock Holdings in SPDR Portfolio Aggregate Bond ETF $SPAB

Sax Wealth Advisors LLC lifted its stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 130.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 74,684 shares of the company’s stock after purchasing an additional 42,254 shares during the quarter. Sax Wealth Advisors LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $1,913,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Private Wealth Group LLC increased its position in SPDR Portfolio Aggregate Bond ETF by 14.8% during the 2nd quarter. Private Wealth Group LLC now owns 95,287 shares of the company’s stock valued at $2,432,000 after buying an additional 12,249 shares in the last quarter. Beacon Financial Strategies CORP purchased a new position in SPDR Portfolio Aggregate Bond ETF during the second quarter valued at $33,000. Apella Capital LLC boosted its holdings in SPDR Portfolio Aggregate Bond ETF by 23.0% in the second quarter. Apella Capital LLC now owns 2,223,605 shares of the company’s stock worth $56,302,000 after acquiring an additional 416,473 shares in the last quarter. Midwest Financial Network LLC boosted its holdings in SPDR Portfolio Aggregate Bond ETF by 24.4% in the second quarter. Midwest Financial Network LLC now owns 13,088 shares of the company’s stock worth $334,000 after acquiring an additional 2,569 shares in the last quarter. Finally, Avior Wealth Management LLC boosted its holdings in SPDR Portfolio Aggregate Bond ETF by 0.9% in the second quarter. Avior Wealth Management LLC now owns 180,128 shares of the company’s stock worth $4,597,000 after acquiring an additional 1,627 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Price Performance

NYSEARCA SPAB opened at $25.16 on Monday. SPDR Portfolio Aggregate Bond ETF has a 12 month low of $25.03 and a 12 month high of $26.17. The stock’s fifty day moving average price is $25.33 and its 200-day moving average price is $25.56.

SPDR Portfolio Aggregate Bond ETF Company 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.