Weitzel Financial Services Inc. Buys 40,450 Shares of SPDR Portfolio Aggregate Bond ETF $SPAB

Weitzel Financial Services Inc. raised its stake in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 5.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 783,601 shares of the company’s stock after acquiring an additional 40,450 shares during the quarter. SPDR Portfolio Aggregate Bond ETF comprises 6.3% of Weitzel Financial Services Inc.’s portfolio, making the stock its 4th biggest holding. Weitzel Financial Services Inc.’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $19,038,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Johnson Financial Group Inc. bought a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the 1st quarter worth about $27,000. Compass Financial Management LLC acquired a new position in shares of SPDR Portfolio Aggregate Bond ETF during the 2nd quarter valued at about $29,000. Beacon Financial Strategies CORP bought a new position in shares of SPDR Portfolio Aggregate Bond ETF in the 2nd quarter valued at approximately $33,000. Brown Lisle Cummings Inc. bought a new position in shares of SPDR Portfolio Aggregate Bond ETF in the 1st quarter valued at approximately $46,000. Finally, Triumph Capital Management raised its stake in shares of SPDR Portfolio Aggregate Bond ETF by 90.0% in the 2nd quarter. Triumph Capital Management now owns 1,970 shares of the company’s stock valued at $50,000 after acquiring an additional 933 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Stock Performance

SPAB remained flat at $24.59 on Friday. The company had a trading volume of 2,301,335 shares, compared to its average volume of 3,299,638. The stock’s fifty day simple moving average is $24.78 and its two-hundred day simple moving average is $25.20. SPDR Portfolio Aggregate Bond ETF has a 12-month low of $24.17 and a 12-month high of $26.17.

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.