Foundations Investment Advisors LLC Has $344,000 Stake in SPDR Portfolio Aggregate Bond ETF $SPAB

Foundations Investment Advisors LLC cut its position in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 93.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,317 shares of the company’s stock after selling 187,775 shares during the quarter. Foundations Investment Advisors LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $344,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. FAS Wealth Partners Inc. acquired a new position in SPDR Portfolio Aggregate Bond ETF in the third quarter valued at $26,000. Franklin Resources Inc. acquired a new position in shares of SPDR Portfolio Aggregate Bond ETF in the 2nd quarter valued at about $26,000. Steward Partners Investment Advisory LLC boosted its position in shares of SPDR Portfolio Aggregate Bond ETF by 113.3% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,271 shares of the company’s stock valued at $33,000 after purchasing an additional 675 shares in the last quarter. Blue Trust Inc. acquired a new stake in SPDR Portfolio Aggregate Bond ETF during the second quarter worth approximately $44,000. Finally, Darwin Wealth Management LLC bought a new stake in SPDR Portfolio Aggregate Bond ETF in the second quarter worth approximately $52,000.

SPDR Portfolio Aggregate Bond ETF Stock Down 0.0%

Shares of SPAB stock opened at $25.70 on Wednesday. The firm has a 50 day moving average of $25.81 and a 200-day moving average of $25.78. SPDR Portfolio Aggregate Bond ETF has a 52 week low of $24.82 and a 52 week high of $26.16.

SPDR Portfolio Aggregate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd will be issued a dividend of $0.082 per share. The ex-dividend date is Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 3.8%.

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.