Simplicity Wealth LLC Has $16.05 Million Stock Position in SPDR Portfolio Aggregate Bond ETF $SPAB

Simplicity Wealth LLC grew its position in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 334.5% in the second quarter, Holdings Channel.com reports. The fund owned 626,788 shares of the company’s stock after buying an additional 482,535 shares during the period. SPDR Portfolio Aggregate Bond ETF makes up 0.7% of Simplicity Wealth LLC’s investment portfolio, making the stock its 27th largest holding. Simplicity Wealth LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $16,046,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Rainier Family Wealth Inc. raised its stake in shares of SPDR Portfolio Aggregate Bond ETF by 61.8% in the second quarter. Rainier Family Wealth Inc. now owns 65,380 shares of the company’s stock valued at $1,674,000 after purchasing an additional 24,967 shares in the last quarter. EverSource Wealth Advisors LLC bought a new stake in SPDR Portfolio Aggregate Bond ETF in the 1st quarter valued at $1,622,000. Bank of New York Mellon Corp raised its stake in shares of SPDR Portfolio Aggregate Bond ETF by 6.0% in the 1st quarter. Bank of New York Mellon Corp now owns 911,799 shares of the company’s stock valued at $23,287,000 after buying an additional 51,457 shares in the last quarter. Focus Financial Network Inc. acquired a new position in shares of SPDR Portfolio Aggregate Bond ETF in the 2nd quarter valued at $725,000. Finally, Winch Advisory Services LLC lifted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 7.2% during the 1st quarter. Winch Advisory Services LLC now owns 71,424 shares of the company’s stock worth $1,824,000 after acquiring an additional 4,786 shares during the period.

SPDR Portfolio Aggregate Bond ETF Trading Down 0.1%

Shares of SPDR Portfolio Aggregate Bond ETF stock opened at $25.84 on Friday. The firm’s 50-day simple moving average is $25.69 and its 200-day simple moving average is $25.44. SPDR Portfolio Aggregate Bond ETF has a twelve month low of $24.70 and a twelve month high of $26.05.

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.