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

NewEdge Advisors LLC cut its stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 71.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 537,138 shares of the company’s stock after selling 1,342,923 shares during the period. NewEdge Advisors LLC owned 0.14% of SPDR Portfolio Aggregate Bond ETF worth $13,761,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Bank of America Corp DE lifted its stake in shares of SPDR Portfolio Aggregate Bond ETF by 23.5% during the first quarter. Bank of America Corp DE now owns 5,842,790 shares of the company’s stock valued at $149,692,000 after acquiring an additional 1,112,552 shares during the period. Arkadios Wealth Advisors acquired a new stake in SPDR Portfolio Aggregate Bond ETF in the first quarter worth about $4,154,000. Arete Wealth Advisors LLC raised its holdings in SPDR Portfolio Aggregate Bond ETF by 14.4% during the 1st quarter. Arete Wealth Advisors LLC now owns 1,347,198 shares of the company’s stock worth $34,541,000 after purchasing an additional 169,271 shares during the last quarter. Royal Bank of Canada raised its holdings in SPDR Portfolio Aggregate Bond ETF by 0.9% during the 1st quarter. Royal Bank of Canada now owns 1,158,598 shares of the company’s stock worth $29,683,000 after purchasing an additional 10,100 shares during the last quarter. Finally, Quantinno Capital Management LP acquired a new position in SPDR Portfolio Aggregate Bond ETF during the 1st quarter valued at about $557,000.

SPDR Portfolio Aggregate Bond ETF Stock Down 0.4%

SPAB opened at $25.16 on Thursday. The company has a fifty day moving average price of $25.38 and a two-hundred day moving average price of $25.59. SPDR Portfolio Aggregate Bond ETF has a 52 week low of $25.07 and a 52 week high of $26.17.

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.