SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) Sets New 12-Month Low – Here’s Why

SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPABGet Free Report) shares reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $25.07 and last traded at $25.08, with a volume of 5446529 shares trading hands. The stock had previously closed at $25.16.

SPDR Portfolio Aggregate Bond ETF Stock Down 0.2%

The stock’s fifty day simple moving average is $25.37 and its 200 day simple moving average is $25.59.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Franklin Resources Inc. purchased a new stake in SPDR Portfolio Aggregate Bond ETF during the second quarter valued at approximately $26,000. Gould Capital LLC acquired a new position in shares of SPDR Portfolio Aggregate Bond ETF during the third quarter worth $26,000. Kingdom Financial Group LLC. acquired a new position in shares of SPDR Portfolio Aggregate Bond ETF during the fourth quarter worth $27,000. Johnson Financial Group Inc. acquired a new position in shares of SPDR Portfolio Aggregate Bond ETF during the first quarter worth $27,000. Finally, Godfrey Financial Associates Inc. purchased a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the 4th quarter valued at $29,000.

SPDR Portfolio Aggregate Bond ETF Company Profile

(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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