Navigation Group LLC Invests $549,000 in SPDR Portfolio Aggregate Bond ETF $SPAB

Navigation Group LLC purchased a new stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) during the first quarter, Holdings Channel reports. The institutional investor purchased 21,437 shares of the company’s stock, valued at approximately $549,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. State Street Corp grew its holdings in SPDR Portfolio Aggregate Bond ETF by 103.7% during the second quarter. State Street Corp now owns 23,633,736 shares of the company’s stock valued at $605,024,000 after purchasing an additional 12,031,034 shares during the period. LPL Financial LLC raised its holdings in SPDR Portfolio Aggregate Bond ETF by 7.0% in the fourth quarter. LPL Financial LLC now owns 23,515,369 shares of the company’s stock worth $605,521,000 after purchasing an additional 1,545,797 shares during the period. Donoghue Forlines LLC bought a new position in shares of SPDR Portfolio Aggregate Bond ETF during the fourth quarter worth $32,772,000. CWM LLC boosted its position in shares of SPDR Portfolio Aggregate Bond ETF by 7.0% during the fourth quarter. CWM LLC now owns 18,193,758 shares of the company’s stock worth $468,489,000 after purchasing an additional 1,197,111 shares in the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC boosted its position in shares of SPDR Portfolio Aggregate Bond ETF by 7.4% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 15,211,308 shares of the company’s stock worth $391,691,000 after purchasing an additional 1,045,991 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Price Performance

Shares of SPAB stock opened at $25.32 on Thursday. SPDR Portfolio Aggregate Bond ETF has a 12-month low of $25.14 and a 12-month high of $26.17. The firm has a fifty day moving average of $25.41 and a 200-day moving average of $25.64.

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.