Redwood Investment Management LLC Sells 45,968 Shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB)

Redwood Investment Management LLC trimmed its stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 44.6% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 57,062 shares of the company’s stock after selling 45,968 shares during the quarter. Redwood Investment Management LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $1,443,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in SPAB. Syon Capital LLC lifted its holdings in SPDR Portfolio Aggregate Bond ETF by 1,579.5% during the 4th quarter. Syon Capital LLC now owns 3,470,955 shares of the company’s stock worth $88,995,000 after purchasing an additional 3,264,288 shares during the last quarter. Toronto Dominion Bank acquired a new position in SPDR Portfolio Aggregate Bond ETF in the 1st quarter valued at $21,488,000. Tidemark LLC acquired a new position in SPDR Portfolio Aggregate Bond ETF in the 4th quarter valued at $13,333,000. Bull Oak Capital LLC raised its holdings in SPDR Portfolio Aggregate Bond ETF by 172.2% in the 1st quarter. Bull Oak Capital LLC now owns 528,340 shares of the company’s stock valued at $13,356,000 after acquiring an additional 334,226 shares in the last quarter. Finally, Tsfg LLC raised its holdings in SPDR Portfolio Aggregate Bond ETF by 2,254.1% in the 1st quarter. Tsfg LLC now owns 341,151 shares of the company’s stock valued at $8,624,000 after acquiring an additional 326,659 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Trading Up 0.3 %

Shares of SPAB traded up $0.08 during midday trading on Thursday, hitting $25.58. The company’s stock had a trading volume of 148,565 shares, compared to its average volume of 2,509,460. SPDR Portfolio Aggregate Bond ETF has a one year low of $23.68 and a one year high of $25.75. The company’s fifty day simple moving average is $25.16 and its two-hundred day simple moving average is $25.10.

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.