UNIVEST FINANCIAL Corp Reduces Stock Position in SPDR Portfolio Aggregate Bond ETF $SPAB

UNIVEST FINANCIAL Corp cut its holdings in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPABFree Report) by 21.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,415,915 shares of the company’s stock after selling 658,693 shares during the quarter. SPDR Portfolio Aggregate Bond ETF comprises about 3.5% of UNIVEST FINANCIAL Corp’s investment portfolio, making the stock its 6th biggest holding. UNIVEST FINANCIAL Corp’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $61,896,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Franklin Resources Inc. acquired a new stake in SPDR Portfolio Aggregate Bond ETF during the 2nd quarter worth about $26,000. Gould Capital LLC purchased a new stake in SPDR Portfolio Aggregate Bond ETF in the 3rd quarter worth about $26,000. Kingdom Financial Group LLC. purchased a new position in SPDR Portfolio Aggregate Bond ETF during the 4th quarter valued at about $27,000. Godfrey Financial Associates Inc. purchased a new position in SPDR Portfolio Aggregate Bond ETF during the 4th quarter valued at about $29,000. Finally, Rossby Financial LCC increased its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 43.5% in the 4th quarter. Rossby Financial LCC now owns 1,293 shares of the company’s stock valued at $33,000 after purchasing an additional 392 shares during the period.

SPDR Portfolio Aggregate Bond ETF Price Performance

Shares of NYSEARCA SPAB traded down $0.03 during mid-day trading on Friday, reaching $25.28. The company had a trading volume of 1,258,130 shares, compared to its average volume of 3,410,876. The stock has a fifty day moving average of $25.43 and a two-hundred day moving average of $25.65. SPDR Portfolio Aggregate Bond ETF has a 12-month low of $25.14 and a 12-month high of $26.17.

SPDR Portfolio Aggregate Bond ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB)

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