Richardson Financial Services Inc. Has $654,000 Stock Holdings in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB)

Richardson Financial Services Inc. trimmed its stake in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 4.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,079 shares of the company’s stock after selling 1,101 shares during the quarter. Richardson Financial Services Inc.’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $654,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. AdvisorNet Financial Inc grew its position in shares of SPDR Portfolio Aggregate Bond ETF by 3.5% in the first quarter. AdvisorNet Financial Inc now owns 25,211 shares of the company’s stock valued at $637,000 after purchasing an additional 863 shares during the last quarter. 1620 Investment Advisors Inc. bought a new position in SPDR Portfolio Aggregate Bond ETF during the 2nd quarter worth $29,000. AMJ Financial Wealth Management increased its position in SPDR Portfolio Aggregate Bond ETF by 20.7% during the 1st quarter. AMJ Financial Wealth Management now owns 11,768 shares of the company’s stock worth $297,000 after buying an additional 2,016 shares during the period. Waterloo Capital L.P. lifted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 16.6% during the fourth quarter. Waterloo Capital L.P. now owns 20,880 shares of the company’s stock worth $535,000 after buying an additional 2,976 shares in the last quarter. Finally, Towercrest Capital Management boosted its position in shares of SPDR Portfolio Aggregate Bond ETF by 1.1% in the second quarter. Towercrest Capital Management now owns 382,848 shares of the company’s stock valued at $9,606,000 after acquiring an additional 4,272 shares during the period.

SPDR Portfolio Aggregate Bond ETF Stock Down 0.3 %

NYSEARCA:SPAB opened at $26.22 on Thursday. SPDR Portfolio Aggregate Bond ETF has a 52 week low of $23.68 and a 52 week high of $26.34. The firm’s 50-day simple moving average is $25.79 and its 200 day simple moving average is $25.28.

SPDR Portfolio Aggregate Bond ETF Company 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.