SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) Short Interest Down 93.4% in January
by Jessica Moore · The Cerbat GemSPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB – Get Free Report) was the target of a significant decrease in short interest in January. As of January 30th, there was short interest totaling 83,999 shares, a decrease of 93.4% from the January 15th total of 1,281,372 shares. Based on an average trading volume of 2,318,199 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 2,318,199 shares, the short-interest ratio is presently 0.0 days.
SPDR Portfolio Aggregate Bond ETF Price Performance
SPDR Portfolio Aggregate Bond ETF stock traded up $0.07 during midday trading on Tuesday, hitting $25.89. The company’s stock had a trading volume of 2,444,798 shares, compared to its average volume of 3,819,830. SPDR Portfolio Aggregate Bond ETF has a 1-year low of $24.82 and a 1-year high of $26.16. The company has a 50-day moving average price of $25.79 and a two-hundred day moving average price of $25.80.
SPDR Portfolio Aggregate Bond ETF Cuts Dividend
The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a $0.082 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Monday, February 2nd.
Institutional Investors Weigh In On SPDR Portfolio Aggregate Bond ETF
Large investors have recently added to or reduced their stakes in the stock. Brookwood Investment Group LLC lifted its position in shares of SPDR Portfolio Aggregate Bond ETF by 4.2% during the 4th quarter. Brookwood Investment Group LLC now owns 9,719 shares of the company’s stock valued at $250,000 after acquiring an additional 389 shares during the period. Investment Planning Advisors Inc. raised its stake in SPDR Portfolio Aggregate Bond ETF by 3.6% in the third quarter. Investment Planning Advisors Inc. now owns 11,792 shares of the company’s stock valued at $305,000 after purchasing an additional 412 shares in the last quarter. OLIO Financial Planning raised its stake in SPDR Portfolio Aggregate Bond ETF by 5.0% in the third quarter. OLIO Financial Planning now owns 8,777 shares of the company’s stock valued at $227,000 after purchasing an additional 420 shares in the last quarter. Garrett Wealth Advisory Group LLC lifted its position in SPDR Portfolio Aggregate Bond ETF by 2.2% during the second quarter. Garrett Wealth Advisory Group LLC now owns 19,727 shares of the company’s stock worth $505,000 after purchasing an additional 434 shares during the period. Finally, AMJ Financial Wealth Management grew its stake in SPDR Portfolio Aggregate Bond ETF by 3.1% during the second quarter. AMJ Financial Wealth Management now owns 14,655 shares of the company’s stock worth $375,000 after buying an additional 440 shares in the last quarter.
About SPDR Portfolio Aggregate Bond ETF
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.