NewEdge Advisors LLC Has $13.76 Million Stake in SPDR Portfolio Aggregate Bond ETF $SPAB

NewEdge Advisors LLC trimmed its stake in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 71.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 537,138 shares of the company’s stock after selling 1,342,923 shares during the period. NewEdge Advisors LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $13,761,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SPAB. Franklin Resources Inc. bought a new stake in SPDR Portfolio Aggregate Bond ETF in the 2nd quarter valued at approximately $26,000. State Street Corp grew its stake in shares of SPDR Portfolio Aggregate Bond ETF by 103.7% during the 2nd quarter. State Street Corp now owns 23,633,736 shares of the company’s stock worth $605,024,000 after acquiring an additional 12,031,034 shares in the last quarter. Main Street Financial Solutions LLC bought a new position in shares of SPDR Portfolio Aggregate Bond ETF during the 2nd quarter worth approximately $1,227,000. Darwin Wealth Management LLC acquired a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the second quarter valued at approximately $52,000. Finally, Raymond James Financial Inc. raised its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 4.1% in the second quarter. Raymond James Financial Inc. now owns 2,867,808 shares of the company’s stock valued at $73,416,000 after purchasing an additional 112,303 shares during the last quarter.

SPDR Portfolio Aggregate Bond ETF Stock Down 0.4%

NYSEARCA:SPAB opened at $25.16 on Thursday. SPDR Portfolio Aggregate Bond ETF has a 52-week low of $25.07 and a 52-week high of $26.17. The stock’s 50-day simple moving average is $25.38 and its 200 day simple moving average is $25.59.

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.