Cahaba Wealth Management Inc. Lowers Stake in SPDR Portfolio Aggregate Bond ETF $SPAB

Cahaba Wealth Management Inc. lowered its position in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 93.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,415 shares of the company’s stock after selling 328,710 shares during the period. Cahaba Wealth Management Inc.’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $579,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SPAB. Global Strategic Investment Solutions LLC raised its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 1.0% during the 2nd quarter. Global Strategic Investment Solutions LLC now owns 42,162 shares of the company’s stock valued at $1,079,000 after buying an additional 401 shares in the last quarter. OLIO Financial Planning boosted its stake in shares of SPDR Portfolio Aggregate Bond ETF by 5.0% in the 3rd quarter. OLIO Financial Planning now owns 8,777 shares of the company’s stock valued at $227,000 after purchasing an additional 420 shares in the last quarter. Garrett Wealth Advisory Group LLC grew its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 2.2% during the 2nd quarter. Garrett Wealth Advisory Group LLC now owns 19,727 shares of the company’s stock valued at $505,000 after purchasing an additional 434 shares during the last quarter. AMJ Financial Wealth Management raised its position in SPDR Portfolio Aggregate Bond ETF by 3.1% in the 2nd quarter. AMJ Financial Wealth Management now owns 14,655 shares of the company’s stock worth $375,000 after purchasing an additional 440 shares during the period. Finally, Collaborative Wealth Managment Inc. lifted its stake in SPDR Portfolio Aggregate Bond ETF by 3.0% in the second quarter. Collaborative Wealth Managment Inc. now owns 15,176 shares of the company’s stock worth $389,000 after purchasing an additional 444 shares during the last quarter.

SPDR Portfolio Aggregate Bond ETF Price Performance

NYSEARCA SPAB opened at $25.80 on Friday. SPDR Portfolio Aggregate Bond ETF has a 1-year low of $24.70 and a 1-year high of $26.16. The stock has a 50-day moving average of $25.88 and a 200-day moving average of $25.70.

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.