Larson Financial Group LLC Sells 126,991 Shares of SPDR Portfolio Aggregate Bond ETF $SPAB

Larson Financial Group LLC cut its stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 33.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 250,802 shares of the company’s stock after selling 126,991 shares during the period. Larson Financial Group LLC owned approximately 0.07% of SPDR Portfolio Aggregate Bond ETF worth $6,483,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Cerity Partners LLC raised its position in shares of SPDR Portfolio Aggregate Bond ETF by 5.1% in the 3rd quarter. Cerity Partners LLC now owns 11,074,917 shares of the company’s stock valued at $286,287,000 after buying an additional 541,686 shares in the last quarter. ERn Financial LLC increased its stake in SPDR Portfolio Aggregate Bond ETF by 30.7% in the third quarter. ERn Financial LLC now owns 318,924 shares of the company’s stock valued at $8,244,000 after acquiring an additional 74,825 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in SPDR Portfolio Aggregate Bond ETF in the third quarter valued at approximately $2,661,000. Americana Partners LLC raised its position in SPDR Portfolio Aggregate Bond ETF by 12.6% during the third quarter. Americana Partners LLC now owns 1,082,531 shares of the company’s stock valued at $27,983,000 after purchasing an additional 120,970 shares in the last quarter. Finally, Algorithmic Investment Models LLC raised its position in SPDR Portfolio Aggregate Bond ETF by 5.2% during the third quarter. Algorithmic Investment Models LLC now owns 608,102 shares of the company’s stock valued at $15,719,000 after purchasing an additional 30,221 shares in the last quarter.

SPDR Portfolio Aggregate Bond ETF Stock Performance

NYSEARCA SPAB opened at $25.67 on Tuesday. The business has a fifty day moving average price of $25.86 and a two-hundred day moving average price of $25.86. SPDR Portfolio Aggregate Bond ETF has a fifty-two week low of $24.82 and a fifty-two week high of $26.17.

SPDR Portfolio Aggregate Bond ETF Increases Dividend

The firm also recently declared 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. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

About SPDR Portfolio Aggregate Bond ETF

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.