Private Advisor Group LLC Decreases Stake in SPDR Portfolio Aggregate Bond ETF $SPAB

Private Advisor Group LLC lowered its stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 57.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,876,931 shares of the company’s stock after selling 2,551,697 shares during the quarter. Private Advisor Group LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $48,519,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Vestmark Advisory Solutions Inc. bought a new position in shares of SPDR Portfolio Aggregate Bond ETF in the second quarter worth approximately $2,303,000. AE Wealth Management LLC raised its holdings in SPDR Portfolio Aggregate Bond ETF by 7.5% during the 2nd quarter. AE Wealth Management LLC now owns 205,833 shares of the company’s stock valued at $5,269,000 after buying an additional 14,341 shares during the last quarter. Americana Partners LLC raised its holdings in SPDR Portfolio Aggregate Bond ETF by 7.2% during the 2nd quarter. Americana Partners LLC now owns 961,561 shares of the company’s stock valued at $24,616,000 after buying an additional 64,335 shares during the last quarter. Cahill Financial Advisors Inc. boosted its position in SPDR Portfolio Aggregate Bond ETF by 4.2% during the 2nd quarter. Cahill Financial Advisors Inc. now owns 112,736 shares of the company’s stock valued at $2,886,000 after buying an additional 4,508 shares during the period. Finally, Vise Technologies Inc. bought a new stake in SPDR Portfolio Aggregate Bond ETF in the 2nd quarter worth $532,000.

SPDR Portfolio Aggregate Bond ETF Price Performance

Shares of SPDR Portfolio Aggregate Bond ETF stock opened at $25.81 on Monday. The company’s fifty day simple moving average is $25.87 and its two-hundred day simple moving average is $25.86. SPDR Portfolio Aggregate Bond ETF has a 12-month low of $24.82 and a 12-month high of $26.17.

SPDR Portfolio Aggregate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.0832 per share. This is an increase from SPDR Portfolio Aggregate Bond ETF’s previous monthly dividend of $0.08. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Monday, March 2nd.

SPDR Portfolio Aggregate Bond ETF 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.