SPDR Portfolio Aggregate Bond ETF $SPAB Stock Sold by Prospect Financial Group LLC

Prospect Financial Group LLC lessened its stake in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 78.2% during the third quarter, Holdings Channel.com reports. The firm owned 13,769 shares of the company’s stock after selling 49,303 shares during the period. Prospect Financial Group LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $335,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Cliftonlarsonallen Wealth Advisors LLC bought a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the third quarter valued at approximately $257,427,000. AlphaStar Capital Management LLC bought a new position in shares of SPDR Portfolio Aggregate Bond ETF in the 3rd quarter worth $69,286,000. Gradient Investments LLC bought a new position in shares of SPDR Portfolio Aggregate Bond ETF in the 3rd quarter worth $59,872,000. Bank of America Corp DE grew its position in SPDR Portfolio Aggregate Bond ETF by 23.5% in the 1st quarter. Bank of America Corp DE now owns 5,842,790 shares of the company’s stock valued at $149,692,000 after purchasing an additional 1,112,552 shares during the period. Finally, Cornerstone Advisors Asset Management LLC grew its position in SPDR Portfolio Aggregate Bond ETF by 50.8% in the 2nd quarter. Cornerstone Advisors Asset Management LLC now owns 2,534,062 shares of the company’s stock valued at $64,669,000 after purchasing an additional 853,146 shares during the period.

SPDR Portfolio Aggregate Bond ETF Stock Performance

Shares of SPAB stock opened at $24.70 on Wednesday. The firm has a fifty day simple moving average of $24.65 and a two-hundred day simple moving average of $25.30. SPDR Portfolio Aggregate Bond ETF has a 12 month low of $24.17 and a 12 month high of $26.17.

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.