Valley Wealth Managers Inc. Raises Position in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB)

Valley Wealth Managers Inc. lifted its stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 42.3% in the 4th quarter, HoldingsChannel reports. The firm owned 13,775 shares of the company’s stock after acquiring an additional 4,098 shares during the period. Valley Wealth Managers Inc.’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $344,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. NYL Investors LLC lifted its position in shares of SPDR Portfolio Aggregate Bond ETF by 6.3% during the 4th quarter. NYL Investors LLC now owns 137,100 shares of the company’s stock valued at $3,426,000 after buying an additional 8,100 shares in the last quarter. Vicus Capital raised its position in shares of SPDR Portfolio Aggregate Bond ETF by 6.7% during the 4th quarter. Vicus Capital now owns 17,893 shares of the company’s stock valued at $447,000 after purchasing an additional 1,128 shares during the period. Collier Financial purchased a new position in shares of SPDR Portfolio Aggregate Bond ETF during the 4th quarter valued at $11,374,000. Appleton Partners Inc. MA increased its stake in SPDR Portfolio Aggregate Bond ETF by 7.0% in the 4th quarter. Appleton Partners Inc. MA now owns 276,359 shares of the company’s stock worth $6,906,000 after buying an additional 18,181 shares in the last quarter. Finally, Golden State Wealth Management LLC purchased a new stake in SPDR Portfolio Aggregate Bond ETF in the 4th quarter worth $12,769,000.

SPDR Portfolio Aggregate Bond ETF Stock Performance

Shares of SPDR Portfolio Aggregate Bond ETF stock opened at $25.11 on Wednesday. SPDR Portfolio Aggregate Bond ETF has a 52 week low of $24.49 and a 52 week high of $26.34. The stock’s 50-day simple moving average is $25.06 and its 200-day simple moving average is $25.50.

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.