Tennessee Valley Asset Management Partners Buys 33,334 Shares of SPDR Portfolio Aggregate Bond ETF $SPAB

Tennessee Valley Asset Management Partners boosted its stake in shares of SPDR Portfolio Aggregate Bond ETF (NYSEARCA:SPAB) by 9.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 374,962 shares of the company’s stock after buying an additional 33,334 shares during the period. SPDR Portfolio Aggregate Bond ETF accounts for about 1.3% of Tennessee Valley Asset Management Partners’ investment portfolio, making the stock its 16th biggest holding. Tennessee Valley Asset Management Partners’ holdings in SPDR Portfolio Aggregate Bond ETF were worth $9,693,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. BNP Paribas Financial Markets raised its position in shares of SPDR Portfolio Aggregate Bond ETF by 171.7% in the third quarter. BNP Paribas Financial Markets now owns 372,259 shares of the company’s stock worth $9,623,000 after acquiring an additional 235,268 shares during the period. Gerber Kawasaki Wealth & Investment Management lifted its stake in SPDR Portfolio Aggregate Bond ETF by 0.4% in the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 386,754 shares of the company’s stock valued at $9,998,000 after buying an additional 1,410 shares in the last quarter. Natixis Advisors LLC boosted its holdings in SPDR Portfolio Aggregate Bond ETF by 1.4% in the 3rd quarter. Natixis Advisors LLC now owns 56,937 shares of the company’s stock worth $1,472,000 after buying an additional 784 shares during the last quarter. Leading Edge Financial Planning LLC increased its stake in SPDR Portfolio Aggregate Bond ETF by 8.1% during the 3rd quarter. Leading Edge Financial Planning LLC now owns 910,937 shares of the company’s stock worth $23,548,000 after buying an additional 68,063 shares in the last quarter. Finally, Winch Advisory Services LLC raised its holdings in shares of SPDR Portfolio Aggregate Bond ETF by 10.7% during the third quarter. Winch Advisory Services LLC now owns 75,610 shares of the company’s stock valued at $1,955,000 after acquiring an additional 7,300 shares during the last quarter.

SPDR Portfolio Aggregate Bond ETF Stock Performance

Shares of SPAB stock opened at $25.70 on Thursday. SPDR Portfolio Aggregate Bond ETF has a fifty-two week low of $24.82 and a fifty-two week high of $26.17. The stock’s fifty day moving average is $25.87 and its two-hundred day moving average is $25.86.

SPDR Portfolio Aggregate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.0832 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.9%. This is an increase from SPDR Portfolio Aggregate Bond ETF’s previous monthly dividend of $0.08.

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.