Rochester Wealth Strategies LLC Has $11.73 Million Position in SPDR Portfolio Aggregate Bond ETF $SPAB

Rochester Wealth Strategies LLC boosted its holdings in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 7.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 455,432 shares of the company’s stock after acquiring an additional 30,557 shares during the quarter. SPDR Portfolio Aggregate Bond ETF accounts for approximately 7.4% of Rochester Wealth Strategies LLC’s holdings, making the stock its 5th largest position. Rochester Wealth Strategies LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $11,727,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. FAS Wealth Partners Inc. bought a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the 3rd quarter worth $26,000. Franklin Resources Inc. bought a new position in shares of SPDR Portfolio Aggregate Bond ETF during the second quarter valued at $26,000. Gould Capital LLC bought a new position in shares of SPDR Portfolio Aggregate Bond ETF during the third quarter valued at $26,000. Bare Financial Services Inc purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the third quarter valued at $32,000. Finally, Collier Financial purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the third quarter valued at $32,000.

SPDR Portfolio Aggregate Bond ETF Trading Up 0.5%

NYSEARCA SPAB opened at $25.55 on Tuesday. SPDR Portfolio Aggregate Bond ETF has a one year low of $24.82 and a one year high of $26.17. The stock has a 50-day moving average of $25.80 and a 200 day moving average of $25.85.

SPDR Portfolio Aggregate Bond ETF Increases Dividend

The business 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 represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Monday, March 2nd. This is a boost from SPDR Portfolio Aggregate Bond ETF’s previous monthly dividend of $0.08.

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.