SPDR Portfolio Aggregate Bond ETF $SPAB Stock Position Boosted by Tobias Financial Advisors Inc.
by Jessica Moore · The Cerbat GemTobias Financial Advisors Inc. boosted its holdings in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB – Free Report) by 5.5% during the second quarter, Holdings Channel reports. The institutional investor owned 3,479,793 shares of the company’s stock after buying an additional 180,678 shares during the period. SPDR Portfolio Aggregate Bond ETF makes up 15.2% of Tobias Financial Advisors Inc.’s portfolio, making the stock its biggest holding. Tobias Financial Advisors Inc.’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $89,083,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently modified their holdings of the company. Franklin Resources Inc. purchased a new position in shares of SPDR Portfolio Aggregate Bond ETF during the 2nd quarter worth about $26,000. Cheviot Value Management LLC purchased a new stake in SPDR Portfolio Aggregate Bond ETF in the first quarter valued at approximately $32,000. Steward Partners Investment Advisory LLC increased its position in SPDR Portfolio Aggregate Bond ETF by 113.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,271 shares of the company’s stock worth $33,000 after purchasing an additional 675 shares during the last quarter. Blue Trust Inc. acquired a new position in SPDR Portfolio Aggregate Bond ETF during the second quarter worth approximately $44,000. Finally, Wolff Wiese Magana LLC raised its stake in SPDR Portfolio Aggregate Bond ETF by 89.3% during the second quarter. Wolff Wiese Magana LLC now owns 2,329 shares of the company’s stock worth $60,000 after purchasing an additional 1,099 shares during the period.
SPDR Portfolio Aggregate Bond ETF Trading Down 0.1%
Shares of SPAB opened at $26.02 on Friday. SPDR Portfolio Aggregate Bond ETF has a fifty-two week low of $24.70 and a fifty-two week high of $26.16. The company’s fifty day moving average is $25.92 and its two-hundred day moving average is $25.61.
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.
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Want to see what other hedge funds are holding SPAB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB – Free Report).