IHT Wealth Management LLC Lowers Stock Holdings in SPDR Portfolio Aggregate Bond ETF $SPAB

IHT Wealth Management LLC cut its holdings in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 7.6% in the 2nd quarter, HoldingsChannel reports. The fund owned 1,035,906 shares of the company’s stock after selling 85,619 shares during the period. SPDR Portfolio Aggregate Bond ETF makes up 0.7% of IHT Wealth Management LLC’s investment portfolio, making the stock its 23rd largest position. IHT Wealth Management LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $26,519,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in SPAB. Franklin Resources Inc. acquired a new position in SPDR Portfolio Aggregate Bond ETF in the second quarter valued at $26,000. Steward Partners Investment Advisory LLC boosted its stake in SPDR Portfolio Aggregate Bond ETF by 113.3% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,271 shares of the company’s stock worth $33,000 after buying an additional 675 shares during the last quarter. Blue Trust Inc. purchased a new stake in SPDR Portfolio Aggregate Bond ETF in the 2nd quarter valued at about $44,000. Darwin Wealth Management LLC acquired a new position in shares of SPDR Portfolio Aggregate Bond ETF during the 2nd quarter valued at about $52,000. Finally, Wolff Wiese Magana LLC lifted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 89.3% during the 2nd quarter. Wolff Wiese Magana LLC now owns 2,329 shares of the company’s stock worth $60,000 after acquiring an additional 1,099 shares during the period.

SPDR Portfolio Aggregate Bond ETF Price Performance

SPAB opened at $25.75 on Friday. SPDR Portfolio Aggregate Bond ETF has a 1 year low of $24.70 and a 1 year high of $26.16. The company’s 50 day simple moving average is $25.91 and its 200 day simple moving average is $25.66.

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.