SPDR Portfolio Aggregate Bond ETF $SPAB Shares Newly Bought by Towercrest Capital Management

Towercrest Capital Management bought a new position in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 413,148 shares of the company’s stock, valued at approximately $10,064,000. SPDR Portfolio Aggregate Bond ETF comprises about 1.4% of Towercrest Capital Management’s investment portfolio, making the stock its 23rd biggest position. Towercrest Capital Management owned approximately 0.10% of SPDR Portfolio Aggregate Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of SPAB. Johnson Financial Group Inc. purchased a new stake in SPDR Portfolio Aggregate Bond ETF in the 1st quarter worth approximately $27,000. Compass Financial Management LLC bought a new position in shares of SPDR Portfolio Aggregate Bond ETF in the 2nd quarter worth approximately $29,000. Beacon Financial Strategies CORP bought a new position in shares of SPDR Portfolio Aggregate Bond ETF in the 2nd quarter worth approximately $33,000. Brown Lisle Cummings Inc. purchased a new position in shares of SPDR Portfolio Aggregate Bond ETF in the 1st quarter valued at approximately $46,000. Finally, Triumph Capital Management lifted its stake in shares of SPDR Portfolio Aggregate Bond ETF by 90.0% in the 2nd quarter. Triumph Capital Management now owns 1,970 shares of the company’s stock valued at $50,000 after purchasing an additional 933 shares during the period.

SPDR Portfolio Aggregate Bond ETF Trading Down 0.2%

Shares of NYSEARCA SPAB traded down $0.06 during mid-day trading on Friday, hitting $24.71. 5,137,048 shares of the stock traded hands, compared to its average volume of 3,288,744. SPDR Portfolio Aggregate Bond ETF has a 52 week low of $24.17 and a 52 week high of $26.17. The stock has a fifty day moving average price of $24.73 and a 200-day moving average price of $25.17.

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.