Zhang Financial LLC Purchases Shares of 80,454 SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB)

Zhang Financial LLC purchased a new stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 80,454 shares of the company’s stock, valued at approximately $2,063,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in SPAB. JPMorgan Chase & Co. acquired a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the third quarter worth about $35,877,000. Ameriprise Financial Inc. increased its position in shares of SPDR Portfolio Aggregate Bond ETF by 747.3% during the first quarter. Ameriprise Financial Inc. now owns 1,440,494 shares of the company’s stock worth $37,153,000 after purchasing an additional 1,270,483 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the third quarter worth about $19,083,000. Integrated Wealth Concepts LLC grew its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 1,180.8% during the second quarter. Integrated Wealth Concepts LLC now owns 525,825 shares of the company’s stock worth $13,340,000 after buying an additional 484,771 shares during the last quarter. Finally, Crestwood Advisors Group LLC purchased a new position in shares of SPDR Portfolio Aggregate Bond ETF during the fourth quarter worth about $7,220,000.

SPDR Portfolio Aggregate Bond ETF Stock Performance

Shares of NYSEARCA SPAB traded up $0.02 during midday trading on Friday, reaching $24.63. 1,285,151 shares of the company were exchanged, compared to its average volume of 2,655,577. SPDR Portfolio Aggregate Bond ETF has a 1 year low of $23.68 and a 1 year high of $25.99. The stock has a fifty day simple moving average of $25.08 and a 200 day simple moving average of $24.94.

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.