SPDR Portfolio Aggregate Bond ETF $SPAB Stake Lifted by Great Lakes Retirement Inc.

Great Lakes Retirement Inc. raised its position in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 2.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,206,743 shares of the company’s stock after purchasing an additional 62,672 shares during the period. SPDR Portfolio Aggregate Bond ETF comprises 6.2% of Great Lakes Retirement Inc.’s portfolio, making the stock its biggest position. Great Lakes Retirement Inc. owned 0.64% of SPDR Portfolio Aggregate Bond ETF worth $57,044,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in SPAB. State Street Corp raised its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 103.7% in the second quarter. State Street Corp now owns 23,633,736 shares of the company’s stock valued at $605,024,000 after acquiring an additional 12,031,034 shares in the last quarter. Exchange Traded Concepts LLC purchased a new position in SPDR Portfolio Aggregate Bond ETF during the 3rd quarter valued at about $180,265,000. Cliftonlarsonallen Wealth Advisors LLC raised its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 12.1% in the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 14,165,317 shares of the company’s stock valued at $366,173,000 after purchasing an additional 1,530,403 shares in the last quarter. Vestmark Advisory Solutions Inc. raised its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 890.1% in the 3rd quarter. Vestmark Advisory Solutions Inc. now owns 890,564 shares of the company’s stock valued at $23,021,000 after purchasing an additional 800,621 shares in the last quarter. Finally, Cerity Partners LLC lifted its position in shares of SPDR Portfolio Aggregate Bond ETF by 5.8% in the 2nd quarter. Cerity Partners LLC now owns 10,533,231 shares of the company’s stock worth $269,651,000 after purchasing an additional 573,590 shares during the period.

SPDR Portfolio Aggregate Bond ETF Trading Down 0.2%

NYSEARCA SPAB opened at $25.93 on Wednesday. The firm’s 50 day moving average price is $25.86 and its 200-day moving average price is $25.85. SPDR Portfolio Aggregate Bond ETF has a 52-week low of $24.82 and a 52-week high of $26.17.

SPDR Portfolio Aggregate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd will be issued a $0.0832 dividend. The ex-dividend date is Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. This is a boost from SPDR Portfolio Aggregate Bond ETF’s previous monthly dividend of $0.08.

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.