Towercrest Capital Management Boosts Holdings in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB)

Towercrest Capital Management boosted its holdings in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 1.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 382,848 shares of the company’s stock after acquiring an additional 4,272 shares during the period. SPDR Portfolio Aggregate Bond ETF accounts for about 1.6% of Towercrest Capital Management’s portfolio, making the stock its 23rd largest holding. Towercrest Capital Management’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $9,606,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. 1620 Investment Advisors Inc. purchased a new position in shares of SPDR Portfolio Aggregate Bond ETF during the 2nd quarter worth $29,000. PSI Advisors LLC increased its position in shares of SPDR Portfolio Aggregate Bond ETF by 50.5% during the first quarter. PSI Advisors LLC now owns 3,010 shares of the company’s stock valued at $76,000 after acquiring an additional 1,010 shares during the last quarter. Gleason Group Inc. purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the 2nd quarter valued at approximately $151,000. AMJ Financial Wealth Management lifted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 20.7% in the 1st quarter. AMJ Financial Wealth Management now owns 11,768 shares of the company’s stock worth $297,000 after acquiring an additional 2,016 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC purchased a new position in shares of SPDR Portfolio Aggregate Bond ETF during the 1st quarter worth approximately $349,000.

SPDR Portfolio Aggregate Bond ETF Stock Up 0.2 %

SPDR Portfolio Aggregate Bond ETF stock traded up $0.04 during trading on Friday, hitting $26.13. The company had a trading volume of 2,714,053 shares, compared to its average volume of 2,603,740. The company’s 50 day simple moving average is $25.60 and its 200-day simple moving average is $25.22. SPDR Portfolio Aggregate Bond ETF has a 1-year low of $23.68 and a 1-year high of $26.23.

SPDR Portfolio Aggregate Bond ETF Company 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.