Milestone Asset Management LLC Invests $1.61 Million in SPDR Portfolio Aggregate Bond ETF $SPAB

Milestone Asset Management LLC bought a new position in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 62,925 shares of the company’s stock, valued at approximately $1,611,000.

A number of other large investors have also modified their holdings of SPAB. Rainier Family Wealth Inc. lifted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 61.8% in the 2nd quarter. Rainier Family Wealth Inc. now owns 65,380 shares of the company’s stock valued at $1,674,000 after buying an additional 24,967 shares during the period. Concurrent Investment Advisors LLC acquired a new position in shares of SPDR Portfolio Aggregate Bond ETF during the second quarter valued at $237,000. Hutchinson Financial Advisors INC bought a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the 2nd quarter worth $658,000. EverSource Wealth Advisors LLC acquired a new position in shares of SPDR Portfolio Aggregate Bond ETF in the 1st quarter valued at about $1,622,000. Finally, Focus Financial Network Inc. purchased a new stake in SPDR Portfolio Aggregate Bond ETF in the 2nd quarter worth approximately $725,000.

SPDR Portfolio Aggregate Bond ETF Stock Performance

Shares of SPAB opened at $25.81 on Tuesday. SPDR Portfolio Aggregate Bond ETF has a 12 month low of $24.70 and a 12 month high of $26.16. The company’s fifty day moving average is $25.88 and its 200-day moving average is $25.53.

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.