Richardson Financial Services Inc. Buys 1,610 Shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB)

Richardson Financial Services Inc. raised its stake in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 6.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,689 shares of the company’s stock after buying an additional 1,610 shares during the quarter. Richardson Financial Services Inc.’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $696,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of SPAB. NBC Securities Inc. increased its stake in SPDR Portfolio Aggregate Bond ETF by 49.8% in the second quarter. NBC Securities Inc. now owns 70,270 shares of the company’s stock valued at $1,763,000 after purchasing an additional 23,351 shares in the last quarter. BNP Paribas Financial Markets acquired a new position in SPDR Portfolio Aggregate Bond ETF in the first quarter valued at about $8,198,000. Tsfg LLC increased its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 2.9% in the third quarter. Tsfg LLC now owns 429,954 shares of the company’s stock worth $11,239,000 after acquiring an additional 12,105 shares in the last quarter. Appleton Partners Inc. MA increased its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 4.0% in the third quarter. Appleton Partners Inc. MA now owns 258,178 shares of the company’s stock worth $6,749,000 after acquiring an additional 9,827 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 7.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 818,226 shares of the company’s stock valued at $20,529,000 after purchasing an additional 54,427 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Price Performance

Shares of SPAB traded down $0.06 on Friday, hitting $25.44. The company’s stock had a trading volume of 866,820 shares, compared to its average volume of 2,563,672. The firm’s fifty day moving average price is $25.95 and its 200-day moving average price is $25.41. SPDR Portfolio Aggregate Bond ETF has a fifty-two week low of $23.79 and a fifty-two week high of $26.34.

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.