SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) Sets New 52-Week Low – Time to Sell?

Shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB – Get Free Report) reached a new 52-week low during mid-day trading on Wednesday. The company traded as low as $24.17 and last traded at $24.2450, with a volume of 80955 shares trading hands. The stock had previously closed at $24.30.

SPDR Portfolio Aggregate Bond ETF Trading Up 0.3%

The firm’s fifty day moving average price is $24.86 and its 200-day moving average price is $25.24.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of SPAB. Tucker Asset Management LLC increased its stake in shares of SPDR Portfolio Aggregate Bond ETF by 496.0% during the second quarter. Tucker Asset Management LLC now owns 24,068 shares of the company’s stock valued at $614,000 after acquiring an additional 20,030 shares during the period. Tobias Financial Advisors Inc. boosted its stake in SPDR Portfolio Aggregate Bond ETF by 5.7% during the 4th quarter. Tobias Financial Advisors Inc. now owns 3,904,988 shares of the company’s stock valued at $100,553,000 after purchasing an additional 212,237 shares in the last quarter. Capital Financial Group Inc. Co. ADV increased its position in shares of SPDR Portfolio Aggregate Bond ETF by 17.4% during the 1st quarter. Capital Financial Group Inc. Co. ADV now owns 151,566 shares of the company’s stock valued at $3,883,000 after purchasing an additional 22,449 shares during the period. Landmark Wealth Management Inc. acquired a new position in shares of SPDR Portfolio Aggregate Bond ETF during the 4th quarter valued at $542,000. Finally, Hibernia Wealth Partners LLC raised its stake in shares of SPDR Portfolio Aggregate Bond ETF by 55.1% in the 4th quarter. Hibernia Wealth Partners LLC now owns 60,264 shares of the company’s stock worth $1,552,000 after buying an additional 21,402 shares in the last quarter.

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.

Recommended Stories

Receive News & Ratings for SPDR Portfolio Aggregate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Aggregate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.