Horizon Investments LLC Lowers Stock Holdings in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB)

Horizon Investments LLC lowered its stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 2.1% during the 4th quarter, Holdings Channel reports. The firm owned 208,656 shares of the company’s stock after selling 4,472 shares during the quarter. Horizon Investments LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $5,214,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SPAB. Parallel Advisors LLC increased its holdings in SPDR Portfolio Aggregate Bond ETF by 22.6% during the fourth quarter. Parallel Advisors LLC now owns 199,173 shares of the company’s stock valued at $4,977,000 after buying an additional 36,691 shares during the period. Cibc World Markets Corp boosted its stake in SPDR Portfolio Aggregate Bond ETF by 5.0% in the fourth quarter. Cibc World Markets Corp now owns 261,395 shares of the company’s stock valued at $6,532,000 after acquiring an additional 12,470 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its stake in SPDR Portfolio Aggregate Bond ETF by 5,906.7% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 6,247 shares of the company’s stock valued at $156,000 after acquiring an additional 6,143 shares in the last quarter. IAG Wealth Partners LLC boosted its stake in SPDR Portfolio Aggregate Bond ETF by 30.1% in the fourth quarter. IAG Wealth Partners LLC now owns 203,139 shares of the company’s stock valued at $5,076,000 after acquiring an additional 46,991 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in SPDR Portfolio Aggregate Bond ETF by 17.3% in the fourth quarter. Farther Finance Advisors LLC now owns 34,197 shares of the company’s stock valued at $855,000 after acquiring an additional 5,045 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Stock Performance

Shares of SPAB opened at $25.40 on Tuesday. SPDR Portfolio Aggregate Bond ETF has a twelve month low of $24.49 and a twelve month high of $26.35. The company has a 50 day moving average of $25.19 and a two-hundred day moving average of $25.44.

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.