Virtue Capital Management LLC Lowers Position in SPDR Portfolio Aggregate Bond ETF $SPAB

Virtue Capital Management LLC decreased its stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 94.3% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 12,538 shares of the company’s stock after selling 206,176 shares during the period. Virtue Capital Management LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $321,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in SPAB. Franklin Resources Inc. bought a new position in shares of SPDR Portfolio Aggregate Bond ETF during the 2nd quarter valued at approximately $26,000. Steward Partners Investment Advisory LLC lifted its holdings 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 valued at $33,000 after purchasing an additional 675 shares in the last quarter. Cheviot Value Management LLC bought a new position in shares of SPDR Portfolio Aggregate Bond ETF in the first quarter worth approximately $32,000. Blue Trust Inc. purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the second quarter worth $44,000. Finally, Wolff Wiese Magana LLC raised its position in shares of SPDR Portfolio Aggregate Bond ETF by 89.3% during the 2nd quarter. Wolff Wiese Magana LLC now owns 2,329 shares of the company’s stock valued at $60,000 after purchasing an additional 1,099 shares during the period.

SPDR Portfolio Aggregate Bond ETF Stock Performance

SPAB opened at $26.02 on Friday. The firm’s fifty day moving average is $25.92 and its 200 day moving average is $25.61. SPDR Portfolio Aggregate Bond ETF has a fifty-two week low of $24.70 and a fifty-two week high of $26.16.

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.