Eldridge Investment Advisors Inc. Boosts Position in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB)

Eldridge Investment Advisors Inc. raised its position in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 67.2% during the fourth quarter, HoldingsChannel reports. The fund owned 455,296 shares of the company’s stock after acquiring an additional 183,006 shares during the quarter. SPDR Portfolio Aggregate Bond ETF accounts for approximately 3.1% of Eldridge Investment Advisors Inc.’s investment portfolio, making the stock its 7th largest holding. Eldridge Investment Advisors Inc.’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $11,674,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. Syon Capital LLC increased its position in SPDR Portfolio Aggregate Bond ETF by 1,579.5% during the fourth quarter. Syon Capital LLC now owns 3,470,955 shares of the company’s stock valued at $88,995,000 after acquiring an additional 3,264,288 shares during the last quarter. Girard Partners LTD. increased its position in SPDR Portfolio Aggregate Bond ETF by 2.8% during the third quarter. Girard Partners LTD. now owns 1,502,150 shares of the company’s stock valued at $36,562,000 after acquiring an additional 41,135 shares during the last quarter. Money Design Co. Ltd. increased its position in SPDR Portfolio Aggregate Bond ETF by 1.6% during the fourth quarter. Money Design Co. Ltd. now owns 1,217,892 shares of the company’s stock valued at $31,227,000 after acquiring an additional 19,051 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of SPDR Portfolio Aggregate Bond ETF by 2.7% during the third quarter. Janney Montgomery Scott LLC now owns 916,989 shares of the company’s stock valued at $22,320,000 after purchasing an additional 24,249 shares during the period. Finally, Bank of New York Mellon Corp purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the third quarter valued at $19,083,000.

SPDR Portfolio Aggregate Bond ETF Stock Up 0.5 %

Shares of SPAB traded up $0.12 during trading hours on Thursday, reaching $24.71. 2,175,090 shares of the company traded hands, compared to its average volume of 2,670,694. SPDR Portfolio Aggregate Bond ETF has a 12-month low of $23.68 and a 12-month high of $25.99. The stock’s fifty day moving average price is $25.00 and its 200 day moving average price is $24.98.

SPDR Portfolio Aggregate Bond ETF 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.