Investment Planning Advisors Inc. Takes $291,000 Position in SPDR Portfolio Aggregate Bond ETF $SPAB

Investment Planning Advisors Inc. acquired a new stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 11,380 shares of the company’s stock, valued at approximately $291,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cheviot Value Management LLC acquired a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the first quarter valued at approximately $32,000. Wolff Wiese Magana LLC raised its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 89.3% in the second quarter. Wolff Wiese Magana LLC now owns 2,329 shares of the company’s stock valued at $60,000 after purchasing an additional 1,099 shares during the last quarter. Goelzer Investment Management Inc. acquired a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the second quarter valued at approximately $203,000. Global Financial Private Client LLC raised its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 1,447.6% in the second quarter. Global Financial Private Client LLC now owns 8,945 shares of the company’s stock valued at $229,000 after purchasing an additional 8,367 shares during the last quarter. Finally, Peak Financial Advisors LLC acquired a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the second quarter valued at approximately $238,000.

SPDR Portfolio Aggregate Bond ETF Trading Up 0.1%

NYSEARCA SPAB opened at $25.86 on Friday. SPDR Portfolio Aggregate Bond ETF has a 12-month low of $24.70 and a 12-month high of $26.05. The firm’s 50 day moving average is $25.69 and its 200-day moving average is $25.44.

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.