Bank of New York Mellon Corp Has $23.29 Million Stock Holdings in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB)

Bank of New York Mellon Corp boosted its stake in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 6.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 911,799 shares of the company’s stock after buying an additional 51,457 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.27% of SPDR Portfolio Aggregate Bond ETF worth $23,287,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Kayne Anderson Rudnick Investment Management LLC bought a new position in shares of SPDR Portfolio Aggregate Bond ETF in the fourth quarter worth $88,000. Creative Financial Designs Inc. ADV grew its stake in shares of SPDR Portfolio Aggregate Bond ETF by 5,906.7% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 6,247 shares of the company’s stock valued at $156,000 after buying an additional 6,143 shares during the last quarter. CoreFirst Bank & Trust bought a new position in shares of SPDR Portfolio Aggregate Bond ETF during the fourth quarter valued at about $232,000. Mascagni Wealth Management Inc. bought a new position in shares of SPDR Portfolio Aggregate Bond ETF during the fourth quarter valued at about $298,000. Finally, Vicus Capital boosted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 2.7% during the first quarter. Vicus Capital now owns 18,376 shares of the company’s stock worth $469,000 after purchasing an additional 483 shares during the period.

SPDR Portfolio Aggregate Bond ETF Stock Performance

Shares of SPAB opened at $25.28 on Friday. The company has a 50-day simple moving average of $25.27 and a two-hundred day simple moving average of $25.25. SPDR Portfolio Aggregate Bond ETF has a one year low of $24.70 and a one year high of $26.35.

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.