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

SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPABGet Free Report) shares saw strong trading volume on Thursday . 6,316,421 shares traded hands during mid-day trading, an increase of 86% from the previous session’s volume of 3,397,642 shares.The stock last traded at $25.31 and had previously closed at $25.27.

SPDR Portfolio Aggregate Bond ETF Stock Performance

The company’s 50-day moving average price is $25.44 and its 200-day moving average price is $25.65.

Institutional Trading of SPDR Portfolio Aggregate Bond ETF

Several institutional investors have recently modified their holdings of SPAB. HF Advisory Group LLC boosted its stake in SPDR Portfolio Aggregate Bond ETF by 4.7% in the second quarter. HF Advisory Group LLC now owns 66,776 shares of the company’s stock valued at $1,704,000 after acquiring an additional 3,014 shares in the last quarter. Sax Wealth Advisors LLC lifted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 130.3% in the 2nd quarter. Sax Wealth Advisors LLC now owns 74,684 shares of the company’s stock valued at $1,913,000 after purchasing an additional 42,254 shares during the last quarter. Private Wealth Group LLC boosted its position in shares of SPDR Portfolio Aggregate Bond ETF by 14.8% in the 2nd quarter. Private Wealth Group LLC now owns 95,287 shares of the company’s stock valued at $2,432,000 after purchasing an additional 12,249 shares during the period. Beacon Financial Strategies CORP acquired a new stake in shares of SPDR Portfolio Aggregate Bond ETF in the 2nd quarter valued at about $33,000. Finally, Apella Capital LLC boosted its position in shares of SPDR Portfolio Aggregate Bond ETF by 23.0% in the 2nd quarter. Apella Capital LLC now owns 2,223,605 shares of the company’s stock valued at $56,302,000 after purchasing an additional 416,473 shares during the period.

About SPDR Portfolio Aggregate Bond ETF

(Get Free Report)

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.

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