Cornerstone Wealth Management LLC Increases Position in SPDR Portfolio Aggregate Bond ETF $SPAB

Cornerstone Wealth Management LLC increased its stake in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 16.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 383,478 shares of the company’s stock after buying an additional 54,021 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $9,875,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. FAS Wealth Partners Inc. purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the third quarter valued at $26,000. Franklin Resources Inc. purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the second quarter valued at $26,000. Gould Capital LLC purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the third quarter valued at $26,000. Bare Financial Services Inc purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the third quarter valued at $32,000. Finally, Collier Financial purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the third quarter valued at $32,000.

SPDR Portfolio Aggregate Bond ETF Price Performance

Shares of SPAB opened at $25.43 on Friday. SPDR Portfolio Aggregate Bond ETF has a 1-year low of $24.93 and a 1-year high of $26.17. The company’s fifty day moving average price is $25.62 and its 200-day moving average price is $25.78.

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.