Financial Plan Inc. Invests $811,000 in SPDR Portfolio Aggregate Bond ETF $SPAB

Financial Plan Inc. purchased a new position in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 31,493 shares of the company’s stock, valued at approximately $811,000.

A number of other hedge funds have also recently made changes to their positions in SPAB. Franklin Resources Inc. bought a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the 2nd quarter worth approximately $26,000. State Street Corp boosted its position in shares of SPDR Portfolio Aggregate Bond ETF by 103.7% in the 2nd quarter. State Street Corp now owns 23,633,736 shares of the company’s stock worth $605,024,000 after purchasing an additional 12,031,034 shares in the last quarter. Main Street Financial Solutions LLC bought a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the 2nd quarter worth approximately $1,227,000. Darwin Wealth Management LLC bought a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the 2nd quarter worth approximately $52,000. Finally, Raymond James Financial Inc. boosted its position in shares of SPDR Portfolio Aggregate Bond ETF by 4.1% in the 2nd quarter. Raymond James Financial Inc. now owns 2,867,808 shares of the company’s stock worth $73,416,000 after purchasing an additional 112,303 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Price Performance

Shares of SPAB opened at $25.65 on Wednesday. The business’s 50 day moving average price is $25.76 and its 200-day moving average price is $25.82. SPDR Portfolio Aggregate Bond ETF has a 52 week low of $24.93 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.