Steele Capital Management Inc. Purchases 127,130 Shares of SPDR Portfolio Aggregate Bond ETF $SPAB

Steele Capital Management Inc. purchased a new position in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) in the third quarter, HoldingsChannel.com reports. The firm purchased 127,130 shares of the company’s stock, valued at approximately $3,097,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Johnson Financial Group Inc. acquired a new position in SPDR Portfolio Aggregate Bond ETF in the first quarter valued at $27,000. Compass Financial Management LLC purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the second quarter valued at about $29,000. Beacon Financial Strategies CORP acquired a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the second quarter worth about $33,000. Triumph Capital Management boosted its stake in shares of SPDR Portfolio Aggregate Bond ETF by 90.0% during the second quarter. Triumph Capital Management now owns 1,970 shares of the company’s stock worth $50,000 after buying an additional 933 shares during the period. Finally, Continuum Advisory LLC acquired a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the second quarter worth about $118,000.

SPDR Portfolio Aggregate Bond ETF Price Performance

NYSEARCA SPAB opened at $24.89 on Friday. SPDR Portfolio Aggregate Bond ETF has a 52-week low of $24.17 and a 52-week high of $26.17. The business’s 50-day moving average price is $24.67 and its 200 day moving average price is $25.31.

About SPDR Portfolio Aggregate Bond ETF

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.