DAVENPORT & Co LLC Reduces Stake in SPDR Portfolio Aggregate Bond ETF $SPAB

DAVENPORT & Co LLC lowered its position in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 4.0% during the second quarter, Holdings Channel.com reports. The institutional investor owned 13,249 shares of the company’s stock after selling 559 shares during the period. DAVENPORT & Co LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $339,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. Global Strategic Investment Solutions LLC lifted its holdings in SPDR Portfolio Aggregate Bond ETF by 1.0% in the second quarter. Global Strategic Investment Solutions LLC now owns 42,162 shares of the company’s stock valued at $1,079,000 after acquiring an additional 401 shares during the period. Vicus Capital lifted its holdings in SPDR Portfolio Aggregate Bond ETF by 2.7% in the first quarter. Vicus Capital now owns 18,376 shares of the company’s stock valued at $469,000 after acquiring an additional 483 shares during the period. CGN Advisors LLC lifted its holdings in SPDR Portfolio Aggregate Bond ETF by 0.6% in the second quarter. CGN Advisors LLC now owns 113,900 shares of the company’s stock valued at $2,916,000 after acquiring an additional 660 shares during the period. Lynx Investment Advisory lifted its holdings in SPDR Portfolio Aggregate Bond ETF by 2.4% in the second quarter. Lynx Investment Advisory now owns 38,312 shares of the company’s stock valued at $981,000 after acquiring an additional 911 shares during the period. Finally, Wolff Wiese Magana LLC lifted its holdings in SPDR Portfolio Aggregate Bond ETF by 89.3% in the second quarter. Wolff Wiese Magana LLC now owns 2,329 shares of the company’s stock valued at $60,000 after acquiring an additional 1,099 shares during the period.

SPDR Portfolio Aggregate Bond ETF Price Performance

Shares of NYSEARCA:SPAB opened at $25.92 on Monday. SPDR Portfolio Aggregate Bond ETF has a 12-month low of $24.70 and a 12-month high of $26.05. The business has a 50 day moving average of $25.73 and a two-hundred day moving average of $25.46.

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.