SPDR Portfolio Aggregate Bond ETF $SPAB Stake Trimmed by TrueWealth Advisors LLC

TrueWealth Advisors LLC lessened its stake in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 25.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 70,043 shares of the company’s stock after selling 23,482 shares during the quarter. TrueWealth Advisors LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $1,804,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of SPAB. FAS Wealth Partners Inc. acquired a new position in shares of SPDR Portfolio Aggregate Bond ETF in the third quarter worth about $26,000. Franklin Resources Inc. acquired a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the second quarter valued at approximately $26,000. Gould Capital LLC acquired a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the third quarter valued at approximately $26,000. Bare Financial Services Inc purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the 3rd quarter valued at approximately $32,000. Finally, Collier Financial purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the 3rd quarter valued at approximately $32,000.

SPDR Portfolio Aggregate Bond ETF Stock Down 0.8%

SPDR Portfolio Aggregate Bond ETF stock opened at $25.45 on Friday. SPDR Portfolio Aggregate Bond ETF has a 52 week low of $24.82 and a 52 week high of $26.17. The company has a 50 day moving average price of $25.84 and a 200 day moving average price of $25.86.

SPDR Portfolio Aggregate Bond ETF Increases Dividend

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

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.