SPDR Portfolio Aggregate Bond ETF $SPAB Shares Sold by Financial & Tax Architects LLC

Financial & Tax Architects LLC lowered its holdings in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 68.8% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 47,284 shares of the company’s stock after selling 104,177 shares during the quarter. Financial & Tax Architects LLC’s holdings in SPDR Portfolio Aggregate Bond ETF were worth $1,222,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. FAS Wealth Partners Inc. acquired a new position in SPDR Portfolio Aggregate Bond ETF in the third quarter valued at approximately $26,000. Franklin Resources Inc. purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the 2nd quarter worth approximately $26,000. Steward Partners Investment Advisory LLC boosted its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 113.3% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,271 shares of the company’s stock valued at $33,000 after buying an additional 675 shares in the last quarter. Blue Trust Inc. acquired a new position in shares of SPDR Portfolio Aggregate Bond ETF in the 2nd quarter valued at $44,000. Finally, Darwin Wealth Management LLC purchased a new position in shares of SPDR Portfolio Aggregate Bond ETF in the 2nd quarter valued at $52,000.

SPDR Portfolio Aggregate Bond ETF Trading Up 0.4%

Shares of NYSEARCA:SPAB opened at $25.80 on Friday. SPDR Portfolio Aggregate Bond ETF has a 12 month low of $24.82 and a 12 month high of $26.16. The company’s fifty day moving average price is $25.80 and its 200 day moving average price is $25.78.

SPDR Portfolio Aggregate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.082 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

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.