Towercrest Capital Management Has $9.57 Million Stake in SPDR Portfolio Aggregate Bond ETF $SPAB

Towercrest Capital Management grew its holdings in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 6.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 370,223 shares of the company’s stock after acquiring an additional 21,584 shares during the quarter. SPDR Portfolio Aggregate Bond ETF accounts for about 1.5% of Towercrest Capital Management’s investment portfolio, making the stock its 23rd largest holding. Towercrest Capital Management owned about 0.11% of SPDR Portfolio Aggregate Bond ETF worth $9,570,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of SPAB. Trilogy Capital Inc. grew its position in shares of SPDR Portfolio Aggregate Bond ETF by 1.5% in the 3rd quarter. Trilogy Capital Inc. now owns 2,083,182 shares of the company’s stock valued at $53,850,000 after purchasing an additional 30,953 shares during the period. Tandem Investment Partners LLC lifted its stake in SPDR Portfolio Aggregate Bond ETF by 6.0% in the third quarter. Tandem Investment Partners LLC now owns 21,277 shares of the company’s stock valued at $550,000 after buying an additional 1,195 shares in the last quarter. Steele Capital Management Inc. boosted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 1.5% in the third quarter. Steele Capital Management Inc. now owns 85,555 shares of the company’s stock valued at $2,212,000 after buying an additional 1,275 shares during the period. G&S Capital LLC increased its position in shares of SPDR Portfolio Aggregate Bond ETF by 4.6% during the third quarter. G&S Capital LLC now owns 64,313 shares of the company’s stock worth $1,662,000 after acquiring an additional 2,801 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC increased its position in shares of SPDR Portfolio Aggregate Bond ETF by 9.0% during the third quarter. Kingswood Wealth Advisors LLC now owns 11,527 shares of the company’s stock worth $298,000 after acquiring an additional 954 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Stock Up 0.2%

SPAB opened at $25.83 on Monday. SPDR Portfolio Aggregate Bond ETF has a 12 month low of $24.70 and a 12 month high of $26.16. The firm’s fifty day simple moving average is $25.83 and its 200 day simple moving average is $25.74.

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.