Towercrest Capital Management Reduces Stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB)

Towercrest Capital Management lowered its holdings in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 0.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 353,996 shares of the company’s stock after selling 1,175 shares during the quarter. SPDR Portfolio Aggregate Bond ETF makes up about 1.4% of Towercrest Capital Management’s investment portfolio, making the stock its 26th largest holding. Towercrest Capital Management owned approximately 0.11% of SPDR Portfolio Aggregate Bond ETF worth $8,846,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the business. JPMorgan Chase & Co. raised its position in shares of SPDR Portfolio Aggregate Bond ETF by 39.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,808,168 shares of the company’s stock worth $73,406,000 after acquiring an additional 788,242 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of SPDR Portfolio Aggregate Bond ETF by 4.1% in the 4th quarter. Bank of New York Mellon Corp now owns 860,342 shares of the company’s stock worth $21,500,000 after acquiring an additional 34,277 shares in the last quarter. Natixis Advisors LLC raised its position in shares of SPDR Portfolio Aggregate Bond ETF by 3.6% in the 3rd quarter. Natixis Advisors LLC now owns 41,262 shares of the company’s stock worth $1,079,000 after acquiring an additional 1,417 shares in the last quarter. BNP Paribas Financial Markets raised its position in shares of SPDR Portfolio Aggregate Bond ETF by 70.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,008,603 shares of the company’s stock worth $26,365,000 after acquiring an additional 418,108 shares in the last quarter. Finally, Winch Advisory Services LLC raised its position in shares of SPDR Portfolio Aggregate Bond ETF by 12.8% in the 4th quarter. Winch Advisory Services LLC now owns 66,638 shares of the company’s stock worth $1,665,000 after acquiring an additional 7,542 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Price Performance

Shares of NYSEARCA:SPAB opened at $25.49 on Monday. SPDR Portfolio Aggregate Bond ETF has a 52-week low of $24.49 and a 52-week high of $26.35. The stock has a 50 day moving average price of $25.24 and a 200-day moving average price of $25.43.

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.