Belpointe Asset Management LLC Sells 19,631 Shares of SPDR Portfolio Aggregate Bond ETF $SPAB

Belpointe Asset Management LLC trimmed its position in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 53.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,919 shares of the company’s stock after selling 19,631 shares during the quarter. Belpointe Asset Management LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $437,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Truist Financial Corp raised its holdings in SPDR Portfolio Aggregate Bond ETF by 20.6% in the 2nd quarter. Truist Financial Corp now owns 336,417 shares of the company’s stock valued at $8,612,000 after buying an additional 57,441 shares during the last quarter. Ascent Group LLC raised its stake in shares of SPDR Portfolio Aggregate Bond ETF by 159.3% during the second quarter. Ascent Group LLC now owns 54,898 shares of the company’s stock valued at $1,405,000 after acquiring an additional 33,729 shares during the last quarter. USAdvisors Wealth Management LLC lifted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 1.9% during the second quarter. USAdvisors Wealth Management LLC now owns 69,317 shares of the company’s stock worth $1,773,000 after purchasing an additional 1,263 shares during the period. Wealthcare Advisory Partners LLC lifted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 7.3% during the second quarter. Wealthcare Advisory Partners LLC now owns 2,385,485 shares of the company’s stock worth $61,068,000 after purchasing an additional 161,631 shares during the period. Finally, Simplicity Wealth LLC grew its stake in shares of SPDR Portfolio Aggregate Bond ETF by 334.5% in the second quarter. Simplicity Wealth LLC now owns 626,788 shares of the company’s stock worth $16,046,000 after purchasing an additional 482,535 shares during the last quarter.

SPDR Portfolio Aggregate Bond ETF Stock Performance

NYSEARCA SPAB opened at $25.82 on Friday. SPDR Portfolio Aggregate Bond ETF has a twelve month low of $24.82 and a twelve month high of $26.16. The stock has a fifty day simple moving average of $25.82 and a 200 day simple moving average of $25.77.

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.