SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) Sees Unusually-High Trading Volume – Time to Buy?

Shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) saw strong trading volume on Friday . 7,182,025 shares were traded during mid-day trading, an increase of 89% from the previous session’s volume of 3,795,726 shares.The stock last traded at $25.57 and had previously closed at $25.51.

SPDR Portfolio Aggregate Bond ETF Stock Up 0.2%

The stock has a 50 day moving average price of $25.67 and a 200 day moving average price of $25.80.

Hedge Funds Weigh In On SPDR Portfolio Aggregate Bond ETF

A number of hedge funds have recently modified their holdings of the stock. Brookwood Investment Group LLC grew its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 4.2% in the 4th quarter. Brookwood Investment Group LLC now owns 9,719 shares of the company’s stock worth $250,000 after acquiring an additional 389 shares during the last quarter. Rossby Financial LCC grew its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 43.5% in the 4th quarter. Rossby Financial LCC now owns 1,293 shares of the company’s stock worth $33,000 after acquiring an additional 392 shares during the last quarter. Gould Capital LLC grew its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 44.0% in the 4th quarter. Gould Capital LLC now owns 1,440 shares of the company’s stock worth $37,000 after acquiring an additional 440 shares during the last quarter. CGN Advisors LLC grew its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 0.4% in the 4th quarter. CGN Advisors LLC now owns 114,909 shares of the company’s stock worth $2,959,000 after acquiring an additional 495 shares during the last quarter. Finally, Garrett Wealth Advisory Group LLC grew its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 2.7% in the 4th quarter. Garrett Wealth Advisory Group LLC now owns 19,326 shares of the company’s stock worth $498,000 after acquiring an additional 516 shares during the last quarter.

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.