Baker Avenue Asset Management LP Has $79.80 Million Stake in SPDR Portfolio Aggregate Bond ETF $SPAB

Baker Avenue Asset Management LP increased its stake in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 2.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,086,995 shares of the company’s stock after purchasing an additional 87,430 shares during the quarter. SPDR Portfolio Aggregate Bond ETF makes up approximately 1.9% of Baker Avenue Asset Management LP’s portfolio, making the stock its 11th largest position. Baker Avenue Asset Management LP owned about 0.90% of SPDR Portfolio Aggregate Bond ETF worth $79,799,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. State Street Corp boosted its stake in shares of SPDR Portfolio Aggregate Bond ETF by 103.7% during the 2nd quarter. State Street Corp now owns 23,633,736 shares of the company’s stock valued at $605,024,000 after buying an additional 12,031,034 shares during the period. Exchange Traded Concepts LLC purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the third quarter worth $180,265,000. Cliftonlarsonallen Wealth Advisors LLC boosted its position in SPDR Portfolio Aggregate Bond ETF by 12.1% during the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 14,165,317 shares of the company’s stock valued at $366,173,000 after purchasing an additional 1,530,403 shares during the last quarter. CWM LLC grew its stake in SPDR Portfolio Aggregate Bond ETF by 7.1% in the second quarter. CWM LLC now owns 17,087,709 shares of the company’s stock valued at $437,445,000 after purchasing an additional 1,132,620 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its stake in SPDR Portfolio Aggregate Bond ETF by 70.7% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,436,425 shares of the company’s stock valued at $36,772,000 after purchasing an additional 595,173 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Stock Up 0.1%

SPAB opened at $25.81 on Friday. SPDR Portfolio Aggregate Bond ETF has a fifty-two week low of $24.82 and a fifty-two week high of $26.16. The business has a 50-day moving average of $25.82 and a 200-day moving average of $25.75.

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.