Compass Financial Group Inc. Invests $2.62 Million in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB)

Compass Financial Group Inc. bought a new stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 102,313 shares of the company’s stock, valued at approximately $2,623,000. SPDR Portfolio Aggregate Bond ETF accounts for 1.5% of Compass Financial Group Inc.’s investment portfolio, making the stock its 21st largest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp acquired a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the third quarter valued at about $19,083,000. Crestwood Advisors Group LLC acquired a new stake in SPDR Portfolio Aggregate Bond ETF in the 4th quarter worth about $7,220,000. Syon Capital LLC purchased a new stake in SPDR Portfolio Aggregate Bond ETF during the 3rd quarter worth approximately $5,030,000. Zhang Financial LLC acquired a new position in shares of SPDR Portfolio Aggregate Bond ETF during the fourth quarter valued at approximately $2,063,000. Finally, NBC Securities Inc. purchased a new position in shares of SPDR Portfolio Aggregate Bond ETF in the third quarter valued at approximately $1,536,000.

SPDR Portfolio Aggregate Bond ETF Stock Performance

Shares of NYSEARCA:SPAB traded down $0.09 during trading on Wednesday, reaching $24.63. The stock had a trading volume of 1,084,800 shares, compared to its average volume of 2,714,703. SPDR Portfolio Aggregate Bond ETF has a 1-year low of $23.68 and a 1-year high of $25.99. The business has a fifty day moving average price of $25.05 and a 200-day moving average price of $24.97.

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.