SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB – Get Free Report) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 618,042 shares, an increase of 115.9% from the June 15th total of 286,238 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 2,017,212 shares, the days-to-cover ratio is currently 0.3 days.
Hedge Funds Weigh In On SPDR Portfolio Aggregate Bond ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Leading Edge Financial Planning LLC boosted its position in shares of SPDR Portfolio Aggregate Bond ETF by 10.3% in the fourth quarter. Leading Edge Financial Planning LLC now owns 1,005,213 shares of the company’s stock worth $25,884,000 after buying an additional 94,276 shares during the period. Aspire Private Capital LLC lifted its position in SPDR Portfolio Aggregate Bond ETF by 12.8% during the 4th quarter. Aspire Private Capital LLC now owns 769,496 shares of the company’s stock worth $19,815,000 after acquiring an additional 87,344 shares in the last quarter. GM Advisory Group LLC boosted its holdings in SPDR Portfolio Aggregate Bond ETF by 2.4% in the 3rd quarter. GM Advisory Group LLC now owns 1,689,323 shares of the company’s stock worth $43,669,000 after acquiring an additional 39,763 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its holdings in SPDR Portfolio Aggregate Bond ETF by 90.6% in the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 196,147 shares of the company’s stock worth $5,051,000 after acquiring an additional 93,213 shares during the period. Finally, Stratos Investment Management LLC grew its position in SPDR Portfolio Aggregate Bond ETF by 5.2% in the fourth quarter. Stratos Investment Management LLC now owns 2,154,828 shares of the company’s stock valued at $55,487,000 after acquiring an additional 106,668 shares in the last quarter.
SPDR Portfolio Aggregate Bond ETF Price Performance
SPAB traded up $0.06 during trading hours on Wednesday, reaching $25.33. 1,349,809 shares of the company’s stock traded hands, compared to its average volume of 3,365,916. The firm has a 50-day moving average price of $25.42 and a 200 day moving average price of $25.64. SPDR Portfolio Aggregate Bond ETF has a 52-week low of $25.14 and a 52-week high of $26.17.
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.
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