Stratos Investment Management LLC Raises Stock Holdings in SPDR Portfolio Aggregate Bond ETF $SPAB

Stratos Investment Management LLC boosted its stake in SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 4.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,048,160 shares of the company’s stock after purchasing an additional 85,213 shares during the quarter. SPDR Portfolio Aggregate Bond ETF comprises 2.2% of Stratos Investment Management LLC’s investment portfolio, making the stock its 8th biggest position. Stratos Investment Management LLC owned 0.59% of SPDR Portfolio Aggregate Bond ETF worth $52,945,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. FAS Wealth Partners Inc. bought a new position in SPDR Portfolio Aggregate Bond ETF in the 3rd quarter valued at about $26,000. Franklin Resources Inc. acquired a new stake in shares of SPDR Portfolio Aggregate Bond ETF during the 2nd quarter worth approximately $26,000. Collier Financial bought a new position in SPDR Portfolio Aggregate Bond ETF in the third quarter valued at approximately $32,000. Steward Partners Investment Advisory LLC raised its position in SPDR Portfolio Aggregate Bond ETF by 113.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,271 shares of the company’s stock valued at $33,000 after purchasing an additional 675 shares in the last quarter. Finally, Blue Trust Inc. bought a new stake in SPDR Portfolio Aggregate Bond ETF during the second quarter worth $44,000.

SPDR Portfolio Aggregate Bond ETF Trading Up 0.3%

Shares of SPAB opened at $25.89 on Wednesday. SPDR Portfolio Aggregate Bond ETF has a 52-week low of $24.82 and a 52-week high of $26.16. The business’s fifty day moving average is $25.79 and its 200-day moving average is $25.80.

SPDR Portfolio Aggregate Bond ETF Cuts Dividend

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

SPDR Portfolio Aggregate Bond ETF Profile

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.