IHT Wealth Management LLC Acquires 272,442 Shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB)

IHT Wealth Management LLC increased its stake in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 33.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,080,829 shares of the company’s stock after buying an additional 272,442 shares during the period. SPDR Portfolio Aggregate Bond ETF accounts for approximately 0.8% of IHT Wealth Management LLC’s holdings, making the stock its 20th biggest holding. IHT Wealth Management LLC owned about 0.34% of SPDR Portfolio Aggregate Bond ETF worth $28,252,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in SPAB. 1620 Investment Advisors Inc. bought a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the second quarter valued at approximately $29,000. Gleason Group Inc. bought a new position in SPDR Portfolio Aggregate Bond ETF in the 2nd quarter valued at $151,000. Waterloo Capital L.P. raised its position in shares of SPDR Portfolio Aggregate Bond ETF by 66.9% during the second quarter. Waterloo Capital L.P. now owns 22,585 shares of the company’s stock worth $567,000 after acquiring an additional 9,050 shares during the last quarter. Flow Traders U.S. LLC raised its position in shares of SPDR Portfolio Aggregate Bond ETF by 75.3% during the third quarter. Flow Traders U.S. LLC now owns 24,954 shares of the company’s stock worth $652,000 after acquiring an additional 10,720 shares during the last quarter. Finally, Richardson Financial Services Inc. boosted its holdings in SPDR Portfolio Aggregate Bond ETF by 6.2% in the third quarter. Richardson Financial Services Inc. now owns 27,689 shares of the company’s stock valued at $696,000 after acquiring an additional 1,610 shares during the last quarter.

SPDR Portfolio Aggregate Bond ETF Price Performance

SPAB stock traded up $0.01 during midday trading on Tuesday, reaching $25.55. The stock had a trading volume of 200,080 shares, compared to its average volume of 2,513,571. SPDR Portfolio Aggregate Bond ETF has a twelve month low of $24.49 and a twelve month high of $26.34. The business has a fifty day simple moving average of $25.57 and a two-hundred day simple moving average of $25.52.

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.